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The document summarizes several key postwar changes in the United States between 1946-1960, including a baby boom as soldiers returned home, increased government spending to boost the economy including the GI Bill and Marshall Plan, new technologies like computers from war research, Truman's upset election win in 1948, US economic dominance as the only major power not devastated by war, and Eisenhower's presidency bringing highway construction and arms control.
The document summarizes several key postwar changes in the United States between 1946-1960, including a baby boom as soldiers returned home, increased government spending to boost the economy including the GI Bill and Marshall Plan, new technologies like computers from war research, Truman's upset election win in 1948, US economic dominance as the only major power not devastated by war, and Eisenhower's presidency bringing highway construction and arms control.
The document summarizes several key postwar changes in the United States between 1946-1960, including a baby boom as soldiers returned home, increased government spending to boost the economy including the GI Bill and Marshall Plan, new technologies like computers from war research, Truman's upset election win in 1948, US economic dominance as the only major power not devastated by war, and Eisenhower's presidency bringing highway construction and arms control.
Nathan Skalla, Gedler Rivera, and Genesis Thomas Baby Boom ● The Baby Boom was between 1946 and 1964 ● There was a dramatic increase in the U.S. birth rate when the war ended. ● When men returned from the war, they quickly married and had children ● By 1957, 7 babies were being born every second ● In 1957 4.3 million U.S. babies were born ● Between 1940 and 1955, the U.S. experienced its greatest population growth of 27% From 130 million to 165 million Government Spending ● Government spending helped boosted the economy ● The outbreak of the Korean War led the United States to commit a significant piece of its budget for defense spending ● With military spending led to new technologies and new materials …. Ex: Plastic, and new metal alloys which were used outside of the military too. ● The government also spent money on the Marshall Plan which initiated foreign demand for goods made in the U.S. The GI Bill ● Made in 1944 ● Covered tuition and financial aid for veterans of WWII ● Gave veterans $20 every week for one year or until they found a job ● More than 10 million soldiers used the benefits of the GI Bill ● Most African American veterans did not have the chance to seek higher education Boost in New Technology ● New technologies like computers increased productivity so that more products could be made faster ○ Businesses started to depend on computers ● All the new technologies helped the economy grow. ● Some of the new technologies came from war research like atomic energy ○ New technologies also came from the Korean War Election of 1948 ● Truman and the Democrats were losing popularity ● Strom Thurmond and Henry Wallace broke away and formed their own parties ● Thomas Dewey was projected to win, but Truman thought otherwise ● By a narrow margin, Truman pulled off the upset U.S. Dominates World Economy ● Untouched by devastation ● Higher demand= More Jobs ● Produced 50% of world’s total output ● Higher standard of living ● More people became middle class ● GNP went up to $300 thousand-million from $200 thousand million ● Corporations grew larger Dwight D. Eisenhower ● Won the 1952 presidential elections in a landslide. ● Helped create the Interstate Highway System. ● Spoke for using nuclear technology in peaceful ways and not bombs. ● Orchestrated an armistice that brought peace to South korea’s border. ● Signed the bill that created NASA. ● Signed 1957 Civil Rights Act Sources ● https://www.history.com/topics/world-war-ii/gi-bill ● http://www.let.rug.nl/usa/outlines/history-1994/postwar-america/the-postwar- economy-1945-1960.php ● https://www.google.com/search?q=government+spending+1950s&rlz=1CADE AG_enUS825&source=lnms&tbm=isch&sa=X&ved=0ahUKEwjb7PPR6fneAh XOk1kKHf_bBgsQ_AUIDigB&biw=1366&bih=610&safe=active&ssui=on#img rc=BAAULQjhWAtBxM: ● http://theconversation.com/how-nuclear-power-generating-reactors-have-evol ved-since-their-birth-in-the-1950s-36046 ● https://www.myajc.com/blog/buzz/what-computers-looked-like-the-1950s-and -60s/EyIvMJbsvx6BKqX6bKDEiJ/?ref=cbTopWidget