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Bell Ringer. Did you shop or eat at a franchise in the last week? What was it? Why did you go there?. Wealth Returns to America. An Affluent Society. The Truman Years. Give ‘ Em Hell Harry. The GI Bill. Financial aid for veterans Establish businesses Buy homes Attend college
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Bell Ringer • Did you shop or eat at a franchise in the last week? What was it? Why did you go there?
Wealth Returns to America An Affluent Society
The Truman Years Give ‘Em Hell Harry
The GI Bill • Financial aid for veterans • Establish businesses • Buy homes • Attend college • Executive Order 9981: no segregation in the Armed Forces
Election of 1948 • Went extra mile • Attacked Republican Congress • “Do-Nothing Congress” • Supported by laborers, African Americans, and farmers • Won by narrow margin
Truman’s Fair Deal • Passed • Min wage-75¢ • Social Security expansion • National Housing Act of 1949 • Rejected • National Health insurance • Federal aid for schools • Civil rights
Dwight D. Eisenhower Ike Takes Office
1952 Election • Truman doesn’t run • Running mate-Richard Nixon • Landslide-442 Electoral votes to 89
Dynamic Conservatism • Pro-business • Vetoed school construction bill • Cut gov’t spending on public housing • Modest tax reductions • Abolished Reconstruction Finance Corporation
Federal Highway Act • 40,000 miles of interstate highways • Why? • More efficient distribution of goods • Suburbanization and urban sprawl • Speed of travel • New road culture
Automobile Boom • Start of 1950s-25 million registered cars • End of 1950s-67 million registered cars • Rise of drive-thru restaurants • Rise of drive-in movies
Glitz, Glam, and Space • No need for rubber, fabric, or metal rationing • Cars got flashier • Large tailfins • Rocket designs • Antennas like Sputnik
Spread of Wealth • 1940-1960: Avg income tripled in all three classes • Home ownership: 43%-62%
White and Blue • Office • Lawyers • Doctors • Accountants • Engineers • Physical labor • Plumber • Electrician • Police Officer • Mechanic White Collar Jobs Blue collar Jobs
Multinationals and Franchises • Multinational: Overseas corporations • Close to raw materials and cheap labor • Franchise: One person owns one or more stores of a chain • Uniform look and style-conformity
New Consumerism • Owning the same new product as the guy next door • More wealth=more luxury items • Refrigerators • Washing machines • Vacuums • ACs • Coffeemakers • Blenders • Lawn mowers • Freezers
Growth of Suburbia • Around cities • Tract homes • Suburb population doubles • Escape crime • Escape congestion • Fresh air, green lawns, and trees • Levittown