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World War II Economics

World War II Economics. Economic, Human, & Military Resources. Economic Resources. Govt & Business working together Rationing to control Supply of Goods War bonds, income tax = $ for the war.

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World War II Economics

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  1. World War II Economics Economic, Human, & Military Resources

  2. Economic Resources • Govt & Business working together • Rationing to control Supply of Goods • War bonds, income tax = $ for the war. • Business retooled from peacetime to wartime production (e.g., car manufacturing to tank manufacturing).

  3. Human Resources • More women & minorities working as men joined military

  4. Human Resources • Citizens volunteered in support of the war effort

  5. Military Resources • Selective Service Act of 1940 • Required all men age 21 to 35 to register with local draft board • First peace-time draft in US History • When war began, DRAFT started • 18 to 45 eligible • 18 to 65 had to register • Could “Conscientiously Object” from combat

  6. Women in the Workforce

  7. Increased Parp • Ever more women present • How many have working moms? • Non-Traditional Jobs

  8. Firsts… • Sandra Day O’Connor • FWOTSC • Appointed by Reagan (1981) • Left in 2006 • Chancellor of W&M! • Sally Ride • 1st woman, youngest astronaut in space (1983)

  9. Remaining Issues for Women in the Workplace

  10. Affordable Day Care

  11. Equitable Pay

  12. Pink Collar Ghetto Jobs • Coined in 1983 to mean: • Low Prestige • Low Pay • Airline flight attendants, nurses, secretaries • Hard to escape / advance • Estimated 55% of women working outside the home are in this kind of job

  13. Glass Ceiling • Career Advancement not equal to men

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