1 / 8

Post War Economy

Post War Economy. Businesses Reorganize The GNP doubled Per Capita Income -average annual income per person Rose from 1,223 to 2,219 Business was dominated by a few large companies General Motors, Ford and Chrysler Conglomerate- a corporation made up of three or more unrelated businesses

roland
Download Presentation

Post War Economy

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Post War Economy

  2. Businesses Reorganize • The GNP doubled • Per Capita Income-average annual income per person • Rose from 1,223 to 2,219 • Business was dominated by a few large companies • General Motors, Ford and Chrysler • Conglomerate-a corporation made up of three or more unrelated businesses • Why is this a good idea? • Franchises came into existence • A business that contracts to offer certain goods and services from a larger parent company • McDonalds!

  3. Technology Transforms Life • Television • Television became popular • Howdy Doody, the Mickey Mouse Club and American Bandstand • Three large Networks controlled television programming and got money through advertisers

  4. The Computer Industry • The War created powerful calculators and computers • Businesses adopted them • Debugging • Transistor • A tiny circuit device that amplifies, controls and generates electrical signals • Used in radios, computers and other electric devices • Computers that once took over rooms now fit on desks

  5. Advances in Medicine • Polio vaccine was developed • Advances in antibiotics were made, developed antibiotics that were effective against penicillin-resistant bacteria

  6. Changes in the Work Force • Jobs Shifted from Blue Collar to White Collar • Caused service industry to rise • Blue collar workers were replaced by Machines

  7. Suburbs and Highways • a. Baby Boom-spike in birth rates • Moving to the Suburbs • GI Bill of Rights-Servicemen’s Readjustment Act of 1944- gave low interest mortgages to purchase new homes and provided them with educational stipends to go to college or graduate school • The mass production techniques that were used in factories were applied to houses

  8. Cars and Highways • Stores moved from cities to shopping centers • The automobile industry grew • 1956 Federal-Aid Highway Act-national web of new roads that allowed for evacuation of major cities in the even of nuclear attack

More Related