Unit 8: Concept Checkpoint #1 (Post-War Prosperity)

What does Post-War mean?

(for our unit as well)

• "after-war" America; the US during 1945-1960s

• "before-war" America; the US during the Great Depression

• "during-war" America; US during WWI

Why did the US experience prosperity & growth after WWII?

• Increased trade barriers

• New government regulations

• Increase demand for goods / services

• Development of new railroads

What was given to WWII soldiers to help them when they returned from war?

• GI Bill of Rights

• WWII Constitution

• Treaty of Paris

• Conglomerate Plan

What are the 3 things provided to veterans in the GI Bill of Rights?

• Education tuition covered

• A brand new car

• Unemployment benefits

• Loans for houses / businesses

• Unlimited health insurance

What is a franchise?

• Major corporation with a smaller unrelated companies

• Company that offers similar products / services at MANY locations

• A mom-and-pop locally owned business

What is an example of a franchise?

• McDonalds

• Nino's

• City Diner

What was the baby boom?

• Huge population explosion where 76 million babies were born

• Name of the new atomic bomb that was developed

• Population decline in the US after WWII

• Name for current day generations born 2013-2025

What was TWO causes of the baby boom in 1945-1960s?

• Returning soldiers from WWII

• Americans would receive a relief benefit check

• Americans experienced economic prosperity ($$$$$$$$$$)

• US wanted to compete with Europe