ECO 202 Milestone One .pptx - ECO 202 Peter Errera Final...

This preview shows page 1 - 6 out of 10 pages.

ECO 202 Final Project Milestone One ECO 202 Peter Errera
ECO 202 1950’s U.S. Economic History Overview Men come home from WWII and start families- the baby boomer generation Suburbs begin forming Vietnam war starts and ends Cold war tensions Korean war Eisenhower elected Segregation in schools is declared unconstitutional Rosa Parks is arrested TV becomes popular
ECO 202 GDP Expansion 1950: Korean war causes an increase in GDP 1950: TV, marketing, and credit cards cause a rise in consumerism 1955: Vietnam war causes an increase in GDP 2 relatively mild recessions in 1953/54 and 1957/58. Figure one: Gross Domestic Product, U.S. Bureau of Economic Analysis.
ECO 202 GDP: Important Events Korean War Interstate Highway System Figure two: Unemployment Rate by Year Since 1929 Compared to Inflation and GDP. Amadeo, K.
ECO 202 Unemploymen t Figure three: Civilian Unemployment Rate, U.S.

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture