ECO 202 Final Project Milestone One.pptx - 1950u2019s 1960...

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ECO 2021950’s - 1960Kayla Dabney ECO 202Final Project
ECO 202Ten-Year Period of U.S. Economic History OverviewThe United States went through a lot economically, racially, and physically from 1950-1960.1950 Korean War1951 Colored TV1954 Brown v Board of Education1955 McDonalds; Civil Rights Movement1958 Legos1959 Sound of MusicAs you can see during this time period the United States went through a large change in many areas from new great things, to the beginning of Civil Rights Movement that gave the United States the start to the change we were needing, and to some wars that not only effected other countries, but our own.
ECO 202Real Gross Domestic Product 1950-1960
ECO 202Recession of 1953-1954Unemployment graphBureau of Labor StatisticsThe amount of unemployment played a huge part and is mostly to blame on the war ending with people coming back from the Korean War without jobs. According to thebalance.com it showed the major recessions in 1953-1954. The graph from the Bureau of Labor Statistics shows the increases in each of the recessions shooting straight up.
ECO 202Interest Rates from 1950-1960

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