standard of living Flashcards

(37 cards)

1
Q

car ownership 1917 vs 1929

A

1917 - 4 million cars registered

1929 - 27 million cars registered

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2
Q

consumer debt 1920-1922

A

1920 - $3 billion

1922 - $6 billion

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3
Q

Roosevelt Recession - date and unemployment

A

17% unemployed in 1938

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4
Q

unemployment 1944

A

1%

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5
Q

Kennedy Personal Income change

A

rose by 15%

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6
Q

Johnson economy?

A

trade deficit reached $4 billion by 1967

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7
Q

What did Johnson do as Vietnam drained finances

A

money supply increased from 17 to 37 million 1968

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8
Q

New York Long Island Levittown build in 1947 details

A

7 shopping centres, 9 swimming pools, 2 bowling alleys and 17000 homes

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9
Q

advertising 1950 vs 1960

A

$6 billion 1950

$12 billion 1960

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10
Q

home ownership 1920 vs 1940

A

1920 - 6 million

1940 - 15 million

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11
Q

labour saving devices 1950

A

over 50% of homes had washing machines, fridge and a toaster

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12
Q

government spending on healthcare

A

1917 - $3 million spent

1940 - over $40 million

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13
Q

children in school

A

1917 - 30% in school

1940 - 70% in school

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14
Q

leisure spending 1920s

A

1919- $2 billion

1929 - $4 billion

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15
Q

how many speakeasies in New York by 1929

A

30,000

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16
Q

when was Disneyland opened

17
Q

Yankee Stadium

A

rebuilt in 1923 to hold 53,000

18
Q

WWII baseball

A

1943 The All American Girls Professional Baseball League

19
Q

sports attending

A

1954 14 million attended baseball park

35 million attended a major football game

20
Q

Uni of Michigan stadium

A

1929 rebuilt to hold 90,000

21
Q

when was the first Super Bowl

22
Q

1960 car ownership

23
Q

petrol industry boom 1960s

A

1976 made $22 million

24
Q

Drive In Movies

A

1954 took in 20% of the cinema box office

25
when was the kelly act and what did it do
1925 - laid out national routes for mail delivery
26
Western Air Express passengers
1926 - 267 passengers | 1929 - 25,000 passengers
27
what occured to air travel in the 70s
Deregulation Act 1979 ended control over airline ticketing prices, routes and mergers led to service cutting
28
what Did Johnson Pass in his War on Poverty
Economic Opportunity Act - gave aid to poor families
29
healthcare policy 1960s
1965 Congress established Medicare and Medicaid - federal health insurance for over 65s and essential medical services
30
1968 production worker vs chief executive of the company wages
Production Worker - $6K a year | Chief Executive - $160K a year
31
1960 average income white vs black
white income - $6,000 | Black income - $3,000
32
how much did Johnson put into his war on poverty
$960 million
33
what did Nixon change economically in 1973
abandoned wage and price regulation - leading to prices rocketing and dollar devaluation
34
cost of living 1973
rose by 8% a year
35
what did Carter to do help the working poor
1979 Consumer Cooperative bank allowed low interest loans for local groups to start businesses and buy houses
36
what did OPEC do in the 1970s
put up prices by 70%
37
how many gas stations had petrol in 1979
50%