the 1950s
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The 1950s. The 1950s. Eisenhowers Election Domestic Policy The Arms Race Post War American Life. 1952 Election. Democratic National Convention Nominated Adlai E. Stevenson Gov. IL Republican National Convention Nominated Dwight D. Eisenhower WWII hero VP: Richard Nixon. - PowerPoint PPT PresentationTRANSCRIPT
1952 Election
Democratic National ConventionNominated Adlai E. Stevenson○ Gov. IL
Republican National ConventionNominated Dwight D. EisenhowerWWII heroVP: Richard Nixon
Dynamic Conservatism
Fiscally Conservative Goal:
Balance the Federal Budget and Guarding Against “Creeping Socialism”
Interstate Highway Act 1956
Sputnik 10/4/1957
Sputnik was launched in by the Soviet Union.
First manmade object put in orbit.
U.S. Response Vanguard TV3
was the first attempt by U.S. to launch a satellite
December 6, 1957 at Cape Canaveral
Arms Race – America Begins To Rearm National Security Act
Department of Defense –○ Housed in the Pentagon○ Headed by the Secretary of Defense○ Coordinate the army, navy, and air force
Arms Race – America Begins To Rearm
National Security ActDepartment of Defense –○ Housed in the Pentagon○ Headed by the Secretary of Defense○ Coordinate the army, navy, and air force
Central Intelligence Agency (CIA) –○ Gather facts on foreign countries
Hydrogen Bomb
Truman ordered the development of the “H-bomb” (hydrogen bomb)
A-Bomb – Fission Bomb H-Bomb – Fusion Bomb 1952 – The U.S. tested its first
H-bomb at Bikini Atoll
Delivery - SAC
Secretary of State John Foster DullesAdvocated “massive retaliation” –
included use of nuclear weapons Strategic Air Command (SAC)
Fleet of superbombers
Delivery Intercontinental
Ballistic Missiles (ICBMs)Soviets made the
first○ R-7○ put Sputnik in
space
Mutually Assured Destruction
With both countries now having the atomic bomb and the means to delivery the bomb we entered an era of mutually assured destruction (MAD)
The Tsar Bomb Link Link
Postwar Economic Anxieties Would the Great Depression
Return? Some predicted that it would
return:GDP slumpedDeflation – Prices dropped 33%4.6 million went out on strike in 1946
Government Economic Stimulus
Servicemen’s Readjustment Act of 1944 (GI Bill)Pay for GIs to go to college ○ 8 million ○ cost $14.5 billion
Government Economic Stimulus
Servicemen’s Readjustment Act of 1944 (GI Bill)Pay for GIs to go to college ○ 8 million ○ cost $14.5 billion
Veterans Administration (VA) loaned $16 billion to○ buy homes, farms, and small businesses
Check Up!
How did the G.I. Bill help the economy in the long run, and help stop a recession from occuring in the short run?
The Economic Boom
Economy 1950s and 1960sIncome IncreasedAmerica had 40% of the world’s wealth
(6% of pop.)
The Economic Boom
Results of the Economic Boom of the 1950s and 1960s Income Increased America had 40% of
the world’s wealth (6% of pop.)
Funded the civil rights movement
Surplus paid for Medicare and welfare programs
The Economic Boom
What Started Economic Prosperity?WWII G.I.Highway ActMilitary Industrial
Complex:○ Aerospace○ Electronics○ Research and
development
The Economic Boom
What Started Economic Prosperity?Cheap energy –○ Electricity increased 6x○ U.S. doubled oil
consumption 1945-1970
The Economic Boom
What Started Economic Prosperity?Education Enrollment○ 1940: 36%○ 1970: 90% ○ Education =
Productivity
Baby Boom
1950 1960 1970 1980 1990 2000 2010 2020 2030
What impact is the baby boom going to have on the United States in each of the following decades?
The Sunbelt
Growth of the SunbeltSunbelt -
Florida through California
Pop. growth rate double that of the old industrial zones of the NE