From Statistics provided by the Department of Commerce from the years of 1949 to 1959, a steady increase is seen in the GNP, which shows the nation’s overall wealth (Document G). These numbers suggest the economy booming soon after the war, meaning that even during the recession of 1953 people had money enough and steady jobs to support their lifestyles. This was done during Eisenhower’s Administration, and the statistics show that the tactics he chose to increase the GNP worked, as it went up almost $500 in 10 years. Though the GNP went up, the government also spent much more money than previously, even on things such as the Interstate and Highway System. This system was put in place as a defense mechanism in June 1956, and was widely recognized across the nation as a grand idea to pull the nation back together.
The state contributed through their purchase of about 10,000 buses for the rural based schools. The increase and interest in higher education also continued to be on the rise during the postwar era. The GI bill helped to assist veterans in achieving an undergraduate degree, while “the number of high school graduates increased, and a prosperous economy made a college education affordable for a broader spectrum of people.” The increase in university enrollment also can be said for junior college enrollment. The Junior College Act in 1965 established a set of state board and funding guidelines. Enrollment continued to increase due to its accessibility and affordability.
The National Association of Home Builders estimates that building 100 new affordable housing for households which have low income, contributes to the creation of 80 jobs from the direct and collateral effects of construction and 42 jobs supported by the induced effects of the spending (Wardrip, Williams & Hague, 2011). By building affordable housing, people can be in a sizeable and sustainable condition, more opportunities to increase the character of life in order to avoid the unemployment, and especially reduce
By 1900, the town had more than doubled its size, and by the middle of the 20th century, the city of Plano was flourishing. By 1980, the population of Plano had reached 72,000. During the 80s many nationanal and international coroporatiomns made Plano their home. Big name companies headqaurterd in Plano, include J.C. Penny and Frito-Lay. Plano 's explosive commerce during the 80s fueled further residential growth, and by 1990, Plano was home to more than 128,000 people.
Spending around a total of $40 billion. Today people are on welfare and spend about $700 billion. The amount of full time workers is 122 million people and the amount of part time workers is 27 million people. But this is still dwarfed by the 160 million people receiving government benefits. This was unheard of in the 1950's as the work force easily was bigger than those receiving benefits.
Nathan Huot Chapter 22 Notes Causes of the Industrial Revolution The Industrial Revolution was caused by economic development, population growth, agricultural revolution, expansion of trade, and an openness to innovation. The population in Europe rose exponentially with the fastest growth occurring in England and Wales where the population rose from 5.5 million in 1688, to 9 million in 1801, and 18 million by 1851. The Agricultural Revolution, which helped the innovations in manufacturing in the Industrial Revolution, was a revolution in farming that provided food for the city dwellers and forced poorer peasants off the land. In Europe, increasing production by traditional ways was a solution to the increasing demand that accompanied population
Generation Y - (people born between the 1980’s and 2000) d. Generation Z – (people born after the year 2000) Baby Boomers were basically born during the post WWII. It is known so because after World War 2, there was a population “boom” that continued for decades due to the substantial economic growth that occurred during this period. It is also believed that by 2030, about one in five Americans will be older than 65, and therefore the aging of the population will place a strain on government and health related demands. Generation X, as compared to Baby Boomers, was a highly educated generation. They were more acceptable and inclusive of other cultures and has a long embraced diversity.
In the years that followed, the US economy expanded considerably, particularly in the areas of employment. The economic growth of the 1940s was fueled by the increase in consumer demand due to the post-war baby boom. In particular, programs such as the introduction of affordable mortgage plans for the members of the military led to a housing boom. In particular, the US government’s willingness to spend more and more money towards the growth of industries such as the auto industry, digital electronics, and others led to the widespread expansion of the economy. The economic boom continued into the 1950s and 60s, and the effects included an increase in employment levels, the growth of a middle-class population and a reduction in poverty levels.
Living standards In The U.S, the living conditions are very stable! It’s a standard to own a car, a house and to have food every day. The standards of living in The United States is on the top 20 in the world! From the 1930s up until 1980, the average American income tripled which translated into higher living standards for the American population. Even if this is a fact, it still lives many poor people in the U.S.
People were buying on credit more often which in turn increased consumer spending and the standard of living among citizens. People had an “eagerness to own radios, electrical appliances, and especially automobiles [and it] led them to sign up on installment plans, by which consumers made regular payments, including interest, until they had purchased the item” (The Business of America: The Economy in the 1920s). Americans got caught up in the idea of owning fancy new products so some were spending more than they could afford to. By having the option to buy items without needing to be able to fully afford the product at the time of purchase, people bought more expensive products than they did before and
During the 1950´s the economy was booming, and the fruits of this prosperity- new cars, suburban houses, and other consumer goods- were available to more people than ever before (“The 1950’s”). About 4 million babies were born each year during the 1950´s (“The 1950’s”). That’s nearly 36 million babies by 1959.As world war II ended, the G.I Bill subsidized low-cost mortgages for returning soldiers, which meant that it was often cheaper to buy a suburban house than it was to rent an apartment(“The 1950’s”).This provided more homes just outside city limits.During this time, African Americans had been fighting against racial segregation and the struggle against racism and segregation entered the mainstream of American life (“The 1950’s”). In the early 1950’s the lines between R&B, blues, and gospel became blurred (Handyside 8). R&B was revolutionized by adding a gospel sound into it.
It is estimated that R-CHOP would increase the mean event-free survival from 2.19 years with CHOP to 3.10 years (additional 0.90 years) and overall survival with R-CHOP would increase from 3.11 years with CHOP to 4.15 years (additional 1.04 years). The mean cumulative cost of R-CHOP was $17,225 and that of CHOP was $3358,
Americans were giddy and carefree after the war ended (Gitlin). Industries grew and more jobs were available. More families had a bigger income so they could afford things they couldn 't in the past. This newfound wealth among the U.S was a change for many people across the country. Research and time were put into finding new inventions and ways to make life better.