1950 History

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America in the 1950’s – the Age of Affluence

The 1950’s were often as an age of Prosperity. Yet at the same time not all people benefited from the apparent affluence of Society at the time. Remember that America had emerged a prosperous country from the war. Also remember that in 1952 Eisenhower became President and America had its first Republican Government for 20 years.

Population and the GNP

Between the years 1945 and 1960, a post war ‘Baby boom’ increased the population by 40 million, a 30% increase to a total of 179,323,175. During the 50’s the gross national product (GNP), the value of all goods almost doubled. The Americans were producing more than half of all the goods in the world.

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Consumer Goods

Everyone owned a lot of goods. In 1948, only half the population had cars but in 1956 nearly 3 in every four families had a car. Barely anyone had televisions but in 1956, over 4 out of every 5 families had one. More people owned more land. There were more luxuries like more markets and more discos.

Employment and wages

The wage increased by 240% between 1948 and 1946. Unemployment wasn’t a problem anymore. However in 1954 the unemployment increased a bit, this was probably because of the number of immigrants.

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