<p> A Glimpse of the 1950s</p><p>1950s Economics</p><p>How would you describe the economy of the 1950s?</p><p>What was the fastest growing industry?</p><p>Why was the economy booming? 1) ______- Provided generous funds to veterans to help them buy homes, attend college, and create businesses • Low Interest loans to veterans 2) ______-Truman’s Program to promote his domestic agenda • Raised minimum wage to 75 cents • Increased social security • Passed National Housing Act – provided construction of low income housing </p><p>1950s Politics Truman was President at the beginning of the decade. He left office in January of 1953 Who won the election in 1952 and would be president until 1960?</p><p>His policies: • Conservative • Cut federal spending • Extended social security • Extended unemployment compensation</p><p>1950s Lifestyle What fueled suburbanization led to hotels and more vacations in the 1950s?</p><p>______- Earliest mass-produced suburbs • Planned residential community • Moved to suburbs to escape crime and congestion • Thought it would be better life for children • GI Bill made it affordable</p><p>What was the increase in birthrate during the 1950s called?</p><p>What were some medical breakthroughs of the 1950s? 1950s Entertainment ______-New kind of music that the younger generation was listening to o List some of the major musical artists of the decade</p><p>______were in 80% of households by 1957 List some major shows of the 1950s</p><p>______- Mostly white writers and artists who criticized conformity of American culture and emptiness of popular culture • Created values gap • Laid foundations of youth cultural rebellion of 1960s</p><p>Who was left out of the Prosperity List 4 groups left out of prosperity?</p><p>What was the Termination policy?</p><p>List 2 other problems of the decade.</p>