These two forms of spending benefited the economy, most common with expensive items and the stock market.
What were the buy now pay later mentality and being on credit?
When this group came home, it fueled the post war economy.
Who are soldiers?
What is Disneyland?
These were the two biggest markets that effected the economy.
What were that stock market and the housing market?
This bill helped to provide better education to soldiers.
What was the G.I. bill?
This factor was a major one that boosted the economy and skyrocketed America's quality of living.
What was Consumerist Spending?
Eisenhower invested a lot of federal money into this American system.
What was the interstate-highway system?
This well known invention fueled the buy now pay later mentality.
What is the Credit Card?
What two major events caused the adults of the 50's to want to keep buying?
What was the Great Depression and WW2?
Eisenhower expanded this program to cover an additional ten million people.
What was Social Security?
Advancements in these two fields expanded the economy and later led to the Space Race.
What were Science and Technology?
American's made up just 6% of the world's population, but made up what percentage of the worlds consumed goods and services?
What was 30%?
These three economic factors were what Eisenhower combined to make a growing economy.
What were low taxes, balanced budgets, and public spending?
This was at 4.5% in the 50's, relatively low for the time.
What was Unemployment?
America at the time shifted from a _____ society, which focused on meeting basic needs, to a _______ society, which emphasized customers' wants.
What is production and consumption?