Copy of AHH 1946-1952: Best Years - AHH THE CENTURY AMERICA’S TIME 1946 1952 BEST YEARS https/ Demobilization after

Copy of AHH 1946-1952: Best Years - AHH THE CENTURY...

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AHH THE CENTURY - AMERICA’S TIME 1946 - 1952 BEST YEARS Demobilization after World War II meant difficult changes as the U.S., geared up for war, resumed a peacetime existence. This program describes America’s new status as a `superpower, as the nation shouldered the responsibility for rebuilding Europe and Japan – and for containing Soviet ambitions. The challenge faced by veterans and spouses to become reacquainted after years of separation and hardship is highlighted. 1946-1952: Best Years March 1946, Fulton, Missouri Winston Churchill gives speech at Westminster College(small) invited by truman “An iron curtain has descended across the continent ( Europe )” Warning about Joseph Stalin and the Soviet Union - US would have to protect the world Stalin considered the speech an act of war ***The Cold War had begun*** 40 yrs Fall 1945- Homecoming for US soldiers wwII over Veterans worried about what peace would bring Would there be jobs ? uncertainty 1944- Congress passed the GI Bill of Rights Provided money for school , and home and business loans for returning soldiers By 1949 , nearly 631,000 bachelor’s degrees were earned, compared to only 186,000 in 1940. booming economy- productivity The US Economy- the Arsenal of Democracy Consumer spending drives the economy Wages and productivity went up There was a great need for housing Levittown - experiment in low-cost , mass-produced housing Affordable housing for the expanding middle class and soldiers returning to civilian life Brought the assembly line to building houses o 18 built in the morning, 18 in the afternoon o 180 homes built per week o Avg. cost- $8,000 ***Made home ownership affordable *** ***huge segments of society moves into the middle class *** life in the suburbs affordable for millions
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