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HIS113-15 Business and the State in the Postwar Boom

HIS113-15 Business and the State in the Postwar Boom -...

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Unformatted text preview: Business and the State Business and the State in the Postwar Period Lecture Fifteen History 113 Business and the State Business and the State New Challenges in Postwar Period: Cold War: Increased military production and spending U.S./Canada Trade “Better Life”: Prosperity and Consumerism (Materialism – Postwar) Support for Government regulation Government Intervention in Government Intervention in Economy Increased gov’t regulation of economy after 1945 Public Support Early Measures: Welfare and Reconstruction programs Support of Business community (C.D. Howe) Problem: How to balance a free enterprise economy with a regulated/controlled economy Economic Policies/Programs Economic Policies/Programs Directed towards re­ establishing private enterprise: Indirect tax incentives: Example: Accelerated depreciation Tariffs vs. Free Trade Crown Corporations: Trans Canada Airlines (North Star – Sold to TCA and RCAF) Economic Policies/Programs Economic Policies/Programs Defense Incentives: Military­Industrial Complex Development of mining sector Uranium (Eldorado Mines – 1954 Saskatchewan) Infra­structure development Postwar Boom and Business Postwar Boom and Business Prosperity and Consumer Demand =Great opportunities for business Example: MacMillan Bloedel Example: Argus Corporation and E.P. Taylor (Taylor and Orange Crush ad 1959) ...
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