USA & the Wider World 1945- 1989 • The American Way of Life
Jan 12, 2015
USA & the Wider World 1945-1989
• The American Way of Life
Affluence
• WW2 brought full employment
•Wages were high –
• 1940 - $754
• 1944 - $1,289
•After WW2 incomes continued to rise -
• 1950 - $3,319
• 1968 - $8,000
•‘the economy of abundance’
Immigration
• With the baby boom – immigration contributed to the dramatic rise in population
• WW2 Refugees• 17,000 Korean war brides and
their children• Immigrants from Eastern Europe • 275,000 Mexicans became US
citizens – farm labourers in California, Arizona and Texas
• From rural to urban areas• The middle classes moved from
the cities to the suburbs• Black Americans moved from
the South to the North (and west)
Migration
•1940 – 130 million•1955 – 165 million•1960 – 179 million•1989 – 250 million
Population
The New Rich• The ‘old rich’ retained and expanded
their wealth• The Rockefellers• The Vanderbilts
• By 1960 – 100,000 millionaires
• The ‘new rich’ made their money from oil, financial services and property
• 1988 – 1.3 million millionaires
The Consumer Society• Vast increase in range of goods
• Between 1945-1950 – 20 million fridges – 5.5 million cookers – 21.4 million cars
• By end 1950s – 225,000 dishwashers per year
• By 1960 half of American homes had a TV
• Advertising
The Car Culture• Mass movement to suburbs• Poor public transport
• 1945 – 26 million cars• 1975 – 130 million cars
• The country was changed to facilitate car ownership – motorways, car parks, drive-ins, drive through’s etc
• Important for image and status• Petrol was cheap.
The Cadillac
Buy Now, Pay Later• Instalment buying – hire purchase
• Retailers offered consumers attractive conditions with low interest rates
• General Motors ‘buy now, pay later’
• Banks and department stores began issuing credit cards
• During 1950s – private debt went from $105 billion to $263 billion
• By 1970s over 600 million credit cards for 150 million adult Americans
Little Boxes• Malvina Reynolds
Little boxes on the hillside,Little boxes made of ticky tacky,Little boxes on the hillside,Little boxes all the same.There's a green one and a pink one And a blue one and a yellow one,And they're all made out of ticky
tackyAnd they all look just the same.
• Presentation prepared by:
• Dominic Haugh• St. Particks Comprehensive School• Shannon• Co. Clare
• Presentation can be used for educational purposes only – all rights remain with author