An increase in economic activity, increased consumption, the growth of suburbs, and growth in agriculture all happened in the late 1940s and 1950s as a result of people being better off economically. ... Eisenhower to promote economic activity through the building of roads and other forms of infrastructure.
What was one major cause of the prosperity of the 1950’s quizlet?
The free enterprise system helped incomes rise , and Americans had more money to spend. People wanted to buy more labor saving appliances, cars, and other goods, which were increasing available to buy on credit.
What caused economic prosperity in the 1950s?
One of the factors that fueled the prosperity of the ’50s was the increase in consumer spending . Americans enjoyed a standard of living that no other country could approach. ... Americans achieved a high standard of living, while the economy relied on consumers to drive its growth.
What factors led to the economic prosperity of the postwar era quizlet?
What factors led to the economic prosperity of the postwar era? The economic acceleration sparked by the war production of World War II (1939-45) ended the GreDepression (1929-1939) and brought prosperity to the United States. But the war’s end brought fear of economic stagnation.
What is economic prosperity quizlet?
level of economic prosperity. innovation . the process of bringing new methods, products, or ideas into use . traditional economy .
What was the impact of prosperity in the 1950s?
growth in population, increased affluence, or wealth, suburban expansion, and a greater demand for consumer goods. The economic boom of the 1950s raised the standard of living -a measure of people’s over- all wealth and quality of life-of millions of Americans.
What life was like in the 1950s?
The 1950s were boomer years. The economy boomed, and everywhere individuals were feeling the need for family and security after arduous years of the war. So, in 1950s family life, there was also a marriage boom, birth rate boom, and housing boom .
How did suburbanization help the economy in the 1950s?
The percentage of Americans that owned at least one television increased from 12% in 1950 to more than 87% in 1960. This new suburban economy also led to increased demand for automobiles . ... The process of suburbanization drove the movement of Americans and turned the wheels of the new consumer economy.
What was an economic consequence of the growth of the suburbs in the 1950s quizlet?
A growth in affordable automobiles and highways contributed to the growth of suburbs by allowing wealthier white families to still keep their jobs in the inner city, but not have to live there. They could now live in nicer, safer areas outside of the city and commute to work.
What effect did the growth of the suburbs in the 1950s have on American society?
In the 1950s, as new suburbs prospered and spread across postwar America, cities suffered . Rising car and truck ownership made it easier for businesses and middle- and working-class white residents to flee to the suburbs, leaving behind growing poor and minority populations and fiscal crises.
What factors led to the Cold War quizlet?
A state of political rivalry and tension existing between the Western Allies (favoring democratically elected governments and independent European states) and the Soviet Union (striving for a Soviet-influenced bloc of communist countries).
Why did the civil rights movement began quizlet?
Why did the civil rights movement begin when it did? African Americans were being increasingly oppressed despite their native contributions to the war effort . Even after WWII and Brown vs Board of Education, African Americans still faced oppression.
How did the tastes and values of the postwar middle class affect the country?
How did the tastes and values of the postwar middle class affect the country? They affected the country by driving the postwar American economy more than the military-industrial complex did .
What is level of economic prosperity?
Prosperity is used to mean the condition of being prosperous, especially in financial respects. ... Migrant families are said to be prosperous when all material needs can be met, and the level of economic prosperity can be measured from the number of goods and services they produced .
Why is private ownership an important source of economic prosperity?
Why is private ownership an important source of economic prosperity? It provides owners with a strong incentive to develop and use assets in ways that others value highly .
What does prosperity mean in economics?
Full Definition of prosperity
: the condition of being successful or thriving especially : economic well-being.
