U.S. History Chapter 20

Who said "America at this moment stands at the summit of the world" in 1945?

• Winston Churchill

• Dr. Jonas Salk

• Dr. Benjamin Spock

• William Levitt

Which of the following is true regarding post-WW2 America?

• The U.S. had the strongest military in the world.

• The U.S. economy was booming.

• The economy was still suffering from the Great Depression.

• The U.S. economy was going downhill fast.

• Prosperity reached more Americans than ever before.

Gross National Product (GDP) is the dollar value of all goods and services produced over a certain time.

• True

• False

Which of the following is true regarding the U.S. economy after WW2?

• Jobs were plentiful.

• Jobs were scarce.

• Wages were higher.

• Wages were lower.

• GDP grew from $200 billion to $500 billion.

It helped fifteen million returning WW2 veterans re-enter America's job market.

• GI Bill

• Equal Rights Act

• Civil Rights Act

• Federal Communications Commission

Which of the following is true regarding the GI Bill after WW2?

• It provided grants for veterans to further their education.

• It provided loans for veterans to purchase home, farms, and businesses.

• It provided medical care and unemployment benefits for veterans returning home.

• It provided education, home loans, and medical care to only wounded veterans.

The GI Bill created job shortages and is considered the worst investment the U.S. government ever made.

• True

• False

The GI Bill allowed America's working class access to higher education previously available to only the elite.

• True

• False

Which of the following is true regarding the GI Bill?

• It was extremely unsuccessful and very unpopular with veterans.

• About 10 million veterans benefited from the bill by 1956.

• It reduced job competition and kept the economy stable.

• It increased job competition and hurt the economy.

Which of the following is true regarding the GI Bill?

• It created the prosperous American society of the 1950s and 1960s.

• It created one of the worst economic disasters in the 1950s and 1960s.

• It increased wages which led to the purchase of more consumer goods and benefited the economy.

• It lowered wages which led to fewer people purchasing consumer goods and started a recession.