Postwar Prosperity Vocabulary

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Flashcards covering the key vocabulary and concepts from the lecture notes on Postwar Prosperity.

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40 Terms

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Postwar Prosperity (1945-1960)

An era of unprecedented prosperity and growth in the United States.

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Shared Prosperity

Postwar prosperity was more widely shared than in the past.

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Factors of Prosperity

Strength of unions and federal government programs.

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Limits of Prosperity

Racial and sexual discrimination limited access to prosperity.

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Statistical Overview

Refers to the data showing the economic growth during the postwar period.

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U.S. Dominance

The reasons why the U.S. was economically dominant after the war.

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Union Membership Growth

Increase in the number of workers belonging to labor unions.

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Union Achievements

The accomplishments and benefits secured by unions for their members.

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Unions and Politics

The involvement and influence of unions in the political arena.

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Truman’s Fair Deal

Expansion of the New Deal programs under President Truman.

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Home Loans

Government-backed loans to help people buy homes.

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Higher Education

Increased access to college and university education.

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Federal Programs Funding

How the government paid for its various programs.

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Working Class to Middle Class

The shift of many working-class families into the middle class.

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Increased Consumption Levels

People bought more goods and services, driving economic growth.

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Suburban Growth

The rapid expansion of residential areas outside of cities.

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Limits of Prosperity (Women)

The ways in which women did not fully benefit from the postwar prosperity.

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Limits of Prosperity (African Americans)

The ways in which African Americans did not fully benefit from the postwar prosperity.

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Prosperity

Wealth and success.

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Discrimination

Unjust treatment based on factors like race or sex.

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Dominance

Being the most powerful or influential.

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Consolidated

Made stronger or more secure.

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Consumption

The use of goods and services.

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Opportunity

A set of circumstances that makes it possible to do something.

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Federal Government

The government of the United States.

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Unions

Organized associations of workers formed to protect and further their rights and interests.

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Middle Class

The social group between the upper and working classes, including professional and business workers and their families.

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Postwar

Relating to the period following a war.

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Growth

An increase in size.

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New Deal

A series of programs and projects undertaken by President Franklin D. Roosevelt in the United States between 1933 and 1939 with the goal of ending the Great Depression.

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Membership

The state of belonging to a group or organization.

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Achievements

A thing done successfully, typically by effort, courage, or skill.

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Politics

Activities associated with the governance of a country or area.

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Statistics

The practice or science of collecting and analyzing numerical data in large quantities.

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Programs

A set of related measures or activities with a particular long-term aim.

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Levels

A position on a real or imaginary scale of amount, quantity, extent, or quality.

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Suburban

Relating to a suburb; a district lying immediately outside a city or town.

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Access

The means or opportunity to approach or enter a place.

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Opportunity

A set of circumstances that makes it possible to do something.

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Growth

An increase in size.