How Did The Baby Boom Affect The Economy
After a brief time of turbulence following WWII, the economy rebounded into a period of prosperity and promise. World War II ended and America soon after became one of the wealthiest countries in the world. The GI Bill was a new law that provided generous living stipends and unemployment insurance to help veterans get back on their feet, it helped people buy a house, start businesses, and attend college. After the great depression and WWII, people were ready to start a family feeling more confident in life. This time became known as the baby boom. The baby boom increased the population 30 percent. The economy grew with suburbs expanding from the cities. The 1950s was a time of new things for America including television, mobile cars, Rock ‘N’ Roll, and the economy ever growing.
The baby boom began in 1946, with a record of 3.4 million born in the United States. During the 1950s about 4 million babies were born each year. The baby boom ended in 1964, resulting with almost 77 million baby boomers. Almost as soon as World War II ended, developer William Levitt applied the techniques of mass production to home building. These …show more content…
In 1946, about 7,000 American homes had televisions and by 1950, there were 10 million TV sets in the United States. Most families spent their evening watching it together. After network officials learned viewer’s craved entertainment, National networks and local stations turned popular radio shows into TV programs. People craved entertainment including comedy, westerns, sporting events, and soap operas along with singing, and short comedy sketches, where the whole family enjoyed. The television started out black-and-white and then it had color. Then in December 30, 1953 televisions in color went on sale. The television became a symbol of affluence, it spread the idea that affluence was now the American norm, the standard for judging one’s
The baby boom began in 1946, with a record of 3.4 million born in the United States. During the 1950s about 4 million babies were born each year. The baby boom ended in 1964, resulting with almost 77 million baby boomers. Almost as soon as World War II ended, developer William Levitt applied the techniques of mass production to home building. These …show more content…
In 1946, about 7,000 American homes had televisions and by 1950, there were 10 million TV sets in the United States. Most families spent their evening watching it together. After network officials learned viewer’s craved entertainment, National networks and local stations turned popular radio shows into TV programs. People craved entertainment including comedy, westerns, sporting events, and soap operas along with singing, and short comedy sketches, where the whole family enjoyed. The television started out black-and-white and then it had color. Then in December 30, 1953 televisions in color went on sale. The television became a symbol of affluence, it spread the idea that affluence was now the American norm, the standard for judging one’s