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The End of WWII

The End of WWII. Ashby Gentry, Giuse Nguyen, Vanessa Montero, Kayling Allen. Economy. New Deal 1939 15% unemployed Golden Age Industrialization. Attitude Towards World War 2 Ending. Proud Relieved Cheerful. Children. 1946-1964 Baby Boomers 76.4 million. Economy 1945-1960.

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The End of WWII

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  1. The End of WWII Ashby Gentry, Giuse Nguyen, Vanessa Montero, Kayling Allen

  2. Economy • New Deal • 1939 • 15% unemployed • Golden Age • Industrialization

  3. Attitude Towards World War 2 Ending • Proud • Relieved • Cheerful

  4. Children • 1946-1964 • Baby Boomers • 76.4 million

  5. Economy 1945-1960 • Golden age • investment rates • output growth • low inflation • low unemployment

  6. Big Government • Marshall plan • Employment act of 1946

  7. Marshall Plan • Repair a ruined Europe • Rejection of communism • Debt to US

  8. Communist Tension • Red Scare • McCarthy Hearings • Capitalism troubled

  9. Infrastructure • Development of railways, international highway, etc.

  10. Veteran Treatment • WW2 Vets = Heroes • Still neglected by hospitals • PTSD

  11. unemployment rate • 3.9% - 5.5% Reasons : • President John F. Kennedy • expanded Social Security • unemployment benefits • cut taxes.

  12. Average cost of items 1945 • new house $4.600.00 • a gallon of Gas $0.15 • house rent $60.00 per month • New Car $1,020.00 • Men's Shirt $2.50 • Portable Typewriter $68.37.

  13. Wages Average • 1945:$1,223 • 1960:$2,219 Minimum • 1945: $.40 • 1960: $1.15

  14. middle class • good paying job • home • high wages • general prosperity. • income growth top 10% by a factor of four to one.

  15. Manhattan's Times Square • The surrender of Japan August 14, 1945

  16. Changes in American Spending • Patriotic Americans purchased newer goods. • Economy depended on mass consumption.

  17. Practical Purchases • Americans started purchasing appliances. • American life centered on family.

  18. Luxuries • Americans purchased cars and televisions. • Were not a necessity in years prior.

  19. Economy Based on Image • Americans used consumerism to obscure class divisons. • “Picture Perfect” life.

  20. Tupperware • Salesmen would gain prizes for good work. • Reinforced American material desire.

  21. Temp Slide Ashby Topics: Changes in consumer lifestyle (New things to buy) Giuse Topics:Infrastructure, Communist Tension, World Economy(Marshall Plan), and Veterans Vanessa Topics: Economy (right before the war ended), Children (Baby boom), Attitude towards the wars ending, Economy between 1945-1960, Kayling Topics: unemployment rate, wages, middle class, Average prices

  22. Bibliography "American Experience: TV's Most-watched History Series." PBS. PBS, n.d. Web. 15 Oct. 2015. "The Year 1945 From The People History." 1945 including Popular Culture, Prices, Events, Technology and Inventions. N.p., n.d. Web. 15 Oct. 2015. "THIS CHART Tells a Story... America's Middle Class Thrived After WWII and Died Under Obama." Infowars. N.p., n.d. Web. 15 Oct. 2015 Washington Post. The Washington Post, n.d. Web. 15 Oct. 2015. “The Post-World War 2 Golden Age of Capitalism and the Crisis of the 1970’s.” Gloves of. 2004 Web. 15 October 2015. Pollard, Kelvin, and Paola Scommegna. "Just How Many Baby Boomers Are There?" Population Reference Bureau. PRB, Apr. 2014. Web. 15 Oct. 2015.

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