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Flashcards covering the key vocabulary and concepts from the lecture notes on Postwar Prosperity.
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Postwar Prosperity (1945-1960)
An era of unprecedented prosperity and growth in the United States.
Shared Prosperity
Postwar prosperity was more widely shared than in the past.
Factors of Prosperity
Strength of unions and federal government programs.
Limits of Prosperity
Racial and sexual discrimination limited access to prosperity.
Statistical Overview
Refers to the data showing the economic growth during the postwar period.
U.S. Dominance
The reasons why the U.S. was economically dominant after the war.
Union Membership Growth
Increase in the number of workers belonging to labor unions.
Union Achievements
The accomplishments and benefits secured by unions for their members.
Unions and Politics
The involvement and influence of unions in the political arena.
Truman’s Fair Deal
Expansion of the New Deal programs under President Truman.
Home Loans
Government-backed loans to help people buy homes.
Higher Education
Increased access to college and university education.
Federal Programs Funding
How the government paid for its various programs.
Working Class to Middle Class
The shift of many working-class families into the middle class.
Increased Consumption Levels
People bought more goods and services, driving economic growth.
Suburban Growth
The rapid expansion of residential areas outside of cities.
Limits of Prosperity (Women)
The ways in which women did not fully benefit from the postwar prosperity.
Limits of Prosperity (African Americans)
The ways in which African Americans did not fully benefit from the postwar prosperity.
Prosperity
Wealth and success.
Discrimination
Unjust treatment based on factors like race or sex.
Dominance
Being the most powerful or influential.
Consolidated
Made stronger or more secure.
Consumption
The use of goods and services.
Opportunity
A set of circumstances that makes it possible to do something.
Federal Government
The government of the United States.
Unions
Organized associations of workers formed to protect and further their rights and interests.
Middle Class
The social group between the upper and working classes, including professional and business workers and their families.
Postwar
Relating to the period following a war.
Growth
An increase in size.
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.
Membership
The state of belonging to a group or organization.
Achievements
A thing done successfully, typically by effort, courage, or skill.
Politics
Activities associated with the governance of a country or area.
Statistics
The practice or science of collecting and analyzing numerical data in large quantities.
Programs
A set of related measures or activities with a particular long-term aim.
Levels
A position on a real or imaginary scale of amount, quantity, extent, or quality.
Suburban
Relating to a suburb; a district lying immediately outside a city or town.
Access
The means or opportunity to approach or enter a place.
Opportunity
A set of circumstances that makes it possible to do something.
Growth
An increase in size.