As part of the expansive and dynamic growth of the american economy, in the twenty years after 1950, about 7 million white americans left cities for the suburbs, nearly 3 million blacks moved from south to north, and half a million puerto ricans moved to the mainland. In many ways, the economy and culture of the 1950s was dominated by the automobile t for all of america's successes, by 1960 more than one in five americans lived in poverty.
The economy overall grew by 37% during the 1950s at the end of the decade, the median american family had 30% more purchasing power than at the beginning inflation, which had wreaked havoc on the economy immediately after world war ii, was minimal, in part because of eisenhower's persistent efforts to balance the federal budget. Native americans and the federal government the experience of war also transformed the lives and attitudes of many native americans to the cities appeared to suggest that what many native americans themselves wanted was participation in america’s booming postwar industrial economy rather than a life of rural squalor on the. Early 20th century american labor and working-class history is a subfield of american social history that focuses attention on the complex lives of working people in a rapidly changing global political and economic system class, and place individual workers and organized groups of working americans both transformed and were transformed by.
Known as the baby boom, this population expansion took place between the years 1946 and 1964, with the peak occurring in 1957 the elevated birthrate, unparalleled in american history, added more than 50 million babies by the end of the 1950s.
In many ways, the economy and culture of the 1950s was dominated by the automobile true one strand of social analysis in the 1950s asserted that americans were psychologically and culturally discontent, lonely and anxious, and yearned not so much for freedom, but for stability and authority. It was the 1950s the average cost of a new house at the beginning of the decade was $8,450, while the average wage was $3,210 a gallon of gas cost 18 cents and a new car would set you back $1,510 on the other side of the things, technology was very expensive - a stromburg black and white. American labor and working-class history, 1900–1945 summary and keywords early 20th century american labor and working-class history is a subfield of american social history that focuses attention on the complex lives of working people in a rapidly changing global political and economic system.
Start studying american history chapter 19, 20, and 21 guided reading question learn vocabulary, terms, and more with flashcards, games, and other study tools search create log in sign up log in sign up 38 terms and more lives were taken from car accidents. Historians use the word “boom” to describe a lot of things about the 1950s: the booming economy, the booming suburbs and most of all the so-called “baby boom” this boom began in 1946, when a record number of babies–34 million–were born in the united states about 4 million babies were born each year during the 1950s. The postwar economy: 1945-1960 as the cold war unfolded in the decade and a half after world war ii, the united states experienced phenomenal economic growth the war brought the return of prosperity, and in the postwar period the united states consolidated its position as the world's richest country.
Americans enjoyed a standard of living that was inconceivable to the rest of the world for example, vice president nixon told nikita khrushchev in the mid-1950s that there were 60 million cars in the united states, but the soviet leader simply refused to believe him.
Historians use the word “boom” to describe a lot of things about the 1950s: the booming economy, the booming suburbs and most of all the so-called “baby boom” this boom began in 1946, when a record number of babies–34 million–were born in the united states. The us economy: a brief history small business and the corporation stocks, commodities, and markets many americans, both poor and rich, idealized andrew jackson, who became president in 1829, because he had started life in a log cabin in frontier territory during the 1950s, the number of workers providing services grew until it.
The postwar boom indeed, the us economy recovered quickly from the brief recession of 1946 – 1947 and then veritably exploded, making americans the wealthiest people in the world for approximately twenty years, the us economic surge seemed unstoppable within just a few years, almost two-thirds of american families achieved middle-class status. The modern american economy traces its roots to the quest of european settlers for economic gain in the 16th, 17th, and 18th centuries the new world then progressed from a marginally successful colonial economy to a small, independent farming economy and, eventually, to a highly complex industrial economy.