Quarter Final 3 Flashcards
(147 cards)
What class increased?
The middle class
When the war was over, what discontinued?
Manufacture jobs that produced tanks, guns, weapons,etc; many people lost their jobs
Define demobilization
Bringing home soldiers
How many soldiers were in the army before and after demobilization?
12 million before - 3 million after
What MADE the Americans worried and scared?
A poll showed 60% would fall in earnings and not get jobs
What did the government do to help avoid depression?
Passed the GI Bill to help the soldiers
What were the 3 aspects of the GI Bill
It provided year of employment
Provided money for college
And helped veterans build houses or jump start business
Which aspect of the GI Bill was the greatest?
Education - many soldiers were just finishing high school when joining
What increased jobs ( think of GI Bill )
Offering money for houses. Someone had to build the houses and it created jobs.
Time when there were a lot of babies; post war activities
Baby boom
When soldiers came back from war how did they “get to business” ?
They made up for lost time and got married and had children
How much did soldiers have for college ?
500$ a year
How much was used for soldier education funding?
8 million
How much was it to live on own? With wife/husband?
50$ a month 75$ a month with family
When was the peak of the baby boom?
1957 - child born every 7 secs
How long did baby boom last?
1940-1960
How much did the population grow from baby boom?
27%
What was the only economic problem?
Skyrocketed prices
Did gov control economy ?
No
How much did prices in creases?
18%
When did meat price double
1946
WHY were prices so high?
So much money for few little options
What hire people after the war?
The demand for goods went up so the production needed to go up
What the ironic thing about United States population to consumer goods
We only took up 6% of population of the world but provided 50% of consumer goods