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Economic Growth 1945- 1970. The Baby Boom Baby boom (1945– 1965)—soaring birth rate after soldiers return (Population Explosion) Baby boom impacts economy.

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Presentation on theme: "Economic Growth 1945- 1970. The Baby Boom Baby boom (1945– 1965)—soaring birth rate after soldiers return (Population Explosion) Baby boom impacts economy."— Presentation transcript:

1 Economic Growth 1945- 1970

2 The Baby Boom Baby boom (1945– 1965)—soaring birth rate after soldiers return (Population Explosion) Baby boom impacts economy and educational system Causes of Baby Boom: –Reunion of husbands and wives –Advances in medicine –Decreasing of marriage age –Confidence in economy

3 Automania and Highways Cheap, plentiful gas, easy credit, and advertising increase car sales No public transit in suburbs cause people to buy Cars The Interstate Highway System: Interstate Highway Act—nationwide highway network unites country (41,000 miles of expressway) Highways enable long- haul trucking, new towns, and family vacations Towns near highways prosper; those near older, smaller roads decline

4 Housing Crisis 10 million returning veterans face housing shortage Build suburbs— small residential communities around cities 1950s, 85% of new homes built in suburbs Levittown: William Levitt used assembly-line methods to mass- produce houses for less than 7,000 dollars Levittown was the first mass-produced suburb located in Long Island, New York.


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