04_10 cold war[1]

04_10 cold war[1] - • Caused more US citizens to attend...

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Notes Cold War Cold War This was both a foreign (international) and domestic (national) affair Mutual Assured Destruction (MAD) This was the codename for the nuclear weapons policy There was an agreement between the US and USSR that it would be through conventional, non-nuclear methods If there was a strike, regardless of where it came from, both nations would make sure the other was obliterated Golden Age in US Economic History (1945-1972) Americans saw an increase in: o Standard of living Housing o Wages 1945 to 1960: 35% increase in wages o Economic growth This changed the way Americans viewed the US government GI Bill Gave veterans the opportunity to attend college for free wherever they could get admitted
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Unformatted text preview: • Caused more US citizens to attend college • Statistics o 1900-1940: 5-7% of 18-22 year old Americans attended college o 1950: 50% of 18-22 year old Americans attended college New American Way of Life • Home Ownership • Steady, Well-Paid Work o More people joined unions and the cost of living increased caused people’s salaries to go up o Also, people had a security of work • Consumer Economy • Television (TV) o 1956: 20,000 TV’s were sold per day 2/3 rd s of American families owned at least one TV o Nonessential item showed the prosperity of the US during this time...
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This note was uploaded on 02/21/2012 for the course HIST 1320 taught by Professor Murphy during the Spring '08 term at Texas State.

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