Quick Write 1 Write down two economic changes a country might experience if they are at war.

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Presentation transcript:

Quick Write 1 Write down two economic changes a country might experience if they are at war

II. World War II Ends A. Economy 1. extended New Deal economic philosophy by continuing govt’s role in econ planning

Buy, Buy, Buy, Buy a Bond: It Will Lead to VICTORY!

2. Sacrifice & patriotism a. Inflation (rise of wages & prices): cost of living went up 30%; govt used wage & price controls, income taxes & war bonds to reduce inflation

b. Rationing 1. govt planned to control the demand & distribution of scarce goods 2. less consumer goods produced (more planes, tanks, etc) 3. led to a black market

3. Women a. 250,000 go to war; WAACs served as nurses & radio operators b. 6 mill go to work c. paid 60% less than men d. make weapons, took jobs men left e. usually not accepted by male workers

Get Your Ration Cards

4. African Americans a. fight against Nazi racism, suffer discrimination at home--  civil rts movements b. 700,000 serve in army (legally segregated in every branch & in civilian life)

c. A. Philip Randolph 1. wanted Af Ams to have access to jobs in war industries threatened a march on Washington 2. FDR signed law prohibiting discrimination in federal jobs (military still segregated)

To combat this, the government imposed wage and price controls, raised income taxes and encouraged the purchase of war bonds Inflation

The government used this to control demand and distribute goods fairly Rationing

The philosophy of this was extended during World War II when the government continued its role in economic planning New Deal

He organized a March on Washington to protest the exclusion of African Americans from jobs in war industries A. Philip Randolph

This group was legally segregated in public facilities and the military African Americans