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Sec. 2: 1950’s Prosperity. Economic growth changed the social and cultural life of Americans. Key Terms: productivity, standard of living, affluence, baby boom. Essential Question: What factors helped the economy grow during the 1950’s?. A Booming Economy.
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Sec. 2: 1950’s Prosperity Economic growth changed the social and cultural life of Americans.
Key Terms: productivity, standard of living, affluence, baby boom Essential Question: What factors helped the economy grow during the 1950’s?
A Booming Economy • After a few years of adjustment, the economy began to grow rapidly and steadily. • Amazing growth resulted from the burst of military spending during the Korean War. • Government spending on housing, schools, welfare, highways, and veteran benefits also spurred the economic expansion.
New technology and new production methods resulted in greater productivity. • International Business Machines or IBM was the leader in the computer business. • The economic boom of the 1950’s raised the standard of living of millions of Americans. • Between 1945 and 1960 personal income increased from $1,223 to $2,219
A Changing Nation • During the 1950s the nations population rose from 150 million to 179 million. • The nation’s soaring birthrate a baby boom. • 75% of new home construction took place in suburbs, during the 1950s. • William Levitt introduced mass-produced housing based on experience he had gained building houses for the navy.
Life in suburbs centered around the automobile. • California became the drive-in capital of the nation. • The first jet-powered commercial aircraft
A Consumer Society • Consumers sought the latest and most popular products such as dishwashers, washing machines, TVs, and, stereos. • Popular trends such as hula hoops, crew cuts for boys, poodle skirts for girls, and pizza.
American Culture • Over 6.5 million television sets were produced annually during the 1950’s. • Televisions became the main form for entertainment as well as an important source for news • Religious leaders began using TV to spread their word.
TV shows • The Mickey Mouse Club • Howdy Doody • American Bandstand • I Love Lucy • Leave it to Beaver • Father Knows Best
Rock ‘n’ Roll • A new form of music that gained popularity during the 1950s. • Bill Haley and the Comets • Chuck Berry • Little Richard • Elvis Presley • King of Rock ‘n’ Roll
Listening to music helped form a bond between teenagers. • The differing attitudes of the older and younger generations toward music, as well as other forms of popular culture, later came to be known as the generation gap.
http://www.youtube.com/watch?v=GuBCvEicOYQ&feature=related – Elvis Presley “Hounddog” • http://www.youtube.com/watch?v=D_XXtuOvKcg&NR=1 –Elvis Presley “Don’t Be Cruel” • http://www.youtube.com/watch?v=QN_UqvcynYw – Coca Cola Commercial • http://www.youtube.com/watch?v=w9DQnT1Awig&playnext=1&list=PL2C05FB4402435B8A –Mickey Mouse Club Song • http://www.youtube.com/watch?v=9hhjjhYGQtY&feature=related –Barbie Commercial