Truman's Domestic Policy.

These flashcards cover key terms and concepts related to labour unions, economic policies, and Truman's presidency.

Labour Unions

Organized groups that represent workers' interests in negotiations with employers.

36% of U.S. Workforce Unionised (1945).

4.6 Million workers on strike (1946)

Taft-Hartley Act

A 1947 law that made unions liable for breach of contract and banned closed shops.

GI Bill of Rights

1944, Legislation that provided financial support to veterans after WWII. 20 billion to 7.8 million veterans

Cooling-off period

An 80-day period where the President can prevent a strike, part of Taft Hartley Act.

Demobilization

The process of reducing military forces and reintegrating soldiers into civilian life.

12 million soldiers reduced to 3 million in 1945 then 1.5 million in 1946.

Inflation

Rose to 25% from 1945-46.

Minimum wage

Rose from 40 cents to 75 cents

National School Lunch Act

A law enacted in 1946 providing low-cost or free lunches to children.

Fair Deal

President Truman's domestic program in January 1949.

Poverty

Reduced from 33% in 1949 to 28% in 1952

1949 Housing Act

Meant to build 810,000 homes but only made 156,000 by 1952.

Korean War Impact

Had to give up on Fair Deal, with GDP on military spending increasing to 14%.