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The Postwar Economy Booms

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Presentation on theme: "The Postwar Economy Booms"— Presentation transcript:

1 The Postwar Economy Booms
Photo depicts happy white middle class family at home in front of TV Chapter 15.1

2 Suburban dad grilling by swimming pool in backyard with mother and son nearby
Using the pictures & the following clips, write five (5) words to describe the American Dream in the 1950s.

3 Capture from clip of Pleasantville

4 More of Peggy Sue and Toby Maguire in Pleasantville

5 How was the American society of the 1950s different from the 1930s?
Photo of the extreme baby boom: ten kids, all siblings

6 Capture from start of clip on post-Korea relief and optimism

7 What was the GI Bill of Rights and how did it help returning veterans?
Law which allowed servicemen to attend college with government assistance ($) Over 8 million did Whole families boarded in “Veteran Villages” off- campus Subsidized rents for GI’s too young for houses Gave vets and families a sense of community Dance halls, big band shows, bowling Provided America with a highly trained & educated workforce

8 What are some of the economic indicators of growth during the post WWII years?
Car owners 2 million sold in 1946 8 million sold in 1955 TVs 1 million in 1948 7.5 million in 1950 GNP $100,000,000,000 in 1940 $300,000,000,000 in 1950 US made up 6% of world population and produced half the world’s goods!

9 How were wages affected during the 1950s?
Factory Workers $3,300 in 1950 $5,300 in 1960 Real Income = Income adjusted for inflation (rise in prices) rose 20%! Americans had more discretionary income Money to buy creature comforts (not just necessities) Photos of 1950s era TV and washing machine

10 Consumer Society Capture from clip on the consumer society

11 How did advertising change in the 1950s?
Created new needs and desires through hidden messages Facial cream= beauty Freezer= plenty car= status symbol mouthwash= popularity Used the television to shape Americans minds and make them status conscious Above: woman poses with ad for TVs; below: kid’s folks bought him a Superman t-shirt

12 Capture from clip on our ‘love affair with TV’

13 TV Another capture from a clip on television

14 Describe Corporate America in the 1950s:
Encouraged conformity White collar-workers (office) were told: How to dress Which country club to belong to Points of view (political) Important positions filled with white males Women filled secretarial positions Minorities shut out DVD cover: “The Man in the Gray Flannel Suit”

15 Capture from clip on the new white-collar careers for men

16 How did one’s occupation change in the 1950s?
America started to become a Post-Industrial Service centered economy Started to go from factory to white collar (office) jobs Chart shows decline in farm population as people did other things for a living

17 How did the automobile affect American society in the 1950s?
National Highway Act 1956 40,000 miles of federal highways 58 million cars sold in the 1950s! Drive-in economy, food, entertainment People commuted greater distances to work. Suburbs grew Farmland sold for development Urban flight Gas consumption increased Above: interstate clover leaf; middle: drive-in movie; below: suburbia

18 Cars Capture from another clip on cars

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