The Cold War increased Americas worries of overseas issues as they feared being forced into communist ideologies in order to restore lost monies and regain control of the White House. Postwar feelings did not enable the promoting of the New Deal by President Truman. The American people worried about shortages and wanted to be able to buy items again that were unavailable during war time. More problems arose for people with the industry change of pretty much all war supply production back to every day consumer items. These changes incurred a twenty five percent increase on the prices of the items in the wage earners demanded wage increases. When the increases didn't happen by Spring 1946 two major strikes began by the coal miners and railroad
…show more content…
The government spent heavily which boosted the economy therefore recessions were avoided. The economy began to move up and press forward when people once again had the ability to satisfy their personal wants for material goods. American factories were not able to produce enough goods at the rate consumers wanted. The Korean War help to detour America from a recession and actually provided prosperity as Korea had a tremendous need for planes, guns and munitions during this time. In the 1950s the nations economy reached its most prosperous point with the growth of housing tracks. Manufacturers produced it's most amount of washing machines, refrigerators, electric ovens and dishwashers. The housing explosion was possible due to affordable mortgages especially for returning serviceman. Suburban living resulted in the need for highways and expressways producing more jobs. With oil being easily available and mass amounts gasoline was selling at remarkably low prices and the automobile industry blossomed and two car families was becoming typical. Two cars became a necessity for most families as people were starting to commute to the city for work from the suburbs and women were holding jobs as well. Between 1940 and 1960 the number of working wives had double. The technological industry exploded not only in homes or offices but in the military also. Homeowners wanted the latest invention, the television set. Business is acquired office machines and computers. Military was eager to get their hands on electronic devices for their planes and
The government spent heavily which boosted the economy therefore recessions were avoided. The economy began to move up and press forward when people once again had the ability to satisfy their personal wants for material goods. American factories were not able to produce enough goods at the rate consumers wanted. The Korean War help to detour America from a recession and actually provided prosperity as Korea had a tremendous need for planes, guns and munitions during this time. In the 1950s the nations economy reached its most prosperous point with the growth of housing tracks. Manufacturers produced it's most amount of washing machines, refrigerators, electric ovens and dishwashers. The housing explosion was possible due to affordable mortgages especially for returning serviceman. Suburban living resulted in the need for highways and expressways producing more jobs. With oil being easily available and mass amounts gasoline was selling at remarkably low prices and the automobile industry blossomed and two car families was becoming typical. Two cars became a necessity for most families as people were starting to commute to the city for work from the suburbs and women were holding jobs as well. Between 1940 and 1960 the number of working wives had double. The technological industry exploded not only in homes or offices but in the military also. Homeowners wanted the latest invention, the television set. Business is acquired office machines and computers. Military was eager to get their hands on electronic devices for their planes and