TEKS 6(F), 8(A), 14(B), 22(A), 22(B), 22(C), 22(D), 23(A), 24(F), 24(H), 25(D)

Size: px
Start display at page:

Download "TEKS 6(F), 8(A), 14(B), 22(A), 22(B), 22(C), 22(D), 23(A), 24(F), 24(H), 25(D)"

Transcription

1 1 Warm-up The advent of television transformed life in the United States after World War II. This 1949 advertisement for the Bank of the Manhattan Company called television a miracle that was undreamed of one hundred and fifty years ago. Study the ad and then complete one of the activities that follow. 1. The year is 1955 and you work in the advertising department of Philco, a television manufacturer. Write the copy for a newspaper advertisement for your company s product. 2. The ad states that the next 150 years will hold many such miracles in store. Choose a miracle of technology that was developed between 1950 and 2000, and explain how it transformed American society. 2 The Postwar Economy 3 TEKS 6(F), 8(A), 14(B), 22(A), 22(B), 22(C), 22(D), 23(A), 24(F), 24(H), 25(D) 4 5 Regional Migration, Listen As the United States emerged from World War II, the American Dream of having a secure job and owning a house came within reach for many Americans. Fueled by the postwar baby boom, the economy rocketed forward in the late 1940s and 1950s. 7 Listen In the postwar years, the American economy prospered. The gross national product and the per capita income, the average annual income per person, nearly doubled from 1945 to A few large firms dominated many industries, forming conglomerates, corporations of smaller unrelated businesses, to protect themselves from economic downturns. At the same time, a new business, the franchise, began as entrepreneurs opened businesses under the name of a parent company. Fast-food restaurants, clothing stores, and other franchises began popping up all over the country. 8 Listen Advances in technology, such as television, computers, transistors, and nuclear power also spurred industrial growth as businesses met demands for new technologies. Medicine also took huge leaps. Dr. Jonas Salk and Dr. Thomas Francis discovered a vaccine for poliomyelitis, a disease claiming more than 20,000 lives a year. The workforce changed as more workers entered whitecollar jobs, especially in service industries. 9 Listen A growing economy and more affluence helped increase the birthrate, causing a baby boom in the 1950s. With growing incomes and families, many Americans left the cities for the suburbs, buying homes and depending on cars to carry them to jobs in cities and new suburban shopping centers. The GI Bill of Rights gave veterans low-interest loans so that they could purchase homes and provided educational stipends to attend college or graduate school. 10 Listen The government encouraged these changes by building new and better highways across the nation, which in turn inspired new businesses and resorts. Consumer credit, and debt, started to grow as lending agencies offered credit cards. 1

2 11 The Postwar Economy Begin Taking Notes 1. How did businesses reorganize after World War II? 2. How did technology transform life after World War II? 3. In what ways did the nation s work force change following World War II? 4. Why did suburbs and highway systems grow after World War II? 5. How did postwar conditions affect consumer credit? 12 Businesses Reorganize The postwar years were a time of great economic growth in America. Between 1945 and 1960, the per capita income, or average annual income per person, rose considerably. 13 Businesses Reorganize American businesses switched from providing war needs to meeting increasing demand for consumer products. In order to protect against economic downturns, many formed conglomerates, corporations made up of three or more unrelated businesses. The franchise system, in which small businesses contract with larger parent companies for goods and services, flourished. 14 Technology Transforms Life Developments in Technology During the 1950s Television Television becomes a popular and powerful medium. Computers and Electronics The invention of the transistor, a tiny circuit device that amplifies, controls, and generates electrical signals, revolutionizes computers and radios. 15 Technology Transforms Life Nuclear Power Wartime nuclear research is put to peacetime use in nuclear power plants and nuclear-powered submarines. Advances in Medicine Dr. Jonas Salk develops a vaccine against polio; advances in antibiotics and surgical techniques save countless lives. 16 Changes in the Work force 1 White Collar Workers Corporate expansion created more white-collar jobs. Office work was less dangerous and exhausting than factory work, and provided more opportunity for advancement. White collar workers often had little connection to their companies products, and often felt pressure to dress, think, and act alike. 2 Blue Collar Workers New machines reduced the number of manual labor-intensive jobs. Working conditions and wages improved. Labor unions won important gains; the American Federation of Labor and Congress of Industrial Organizations merged to form the powerful AFL-CIO. 17 The Baby Boom The baby boom, or rise in birth rates, that had begun in the 1940s continued into the 1950s. 18 Suburbs, Cars, and Highways 1 Suburban Growth 2

3 The GI Bill of Rights gave returning soldiers low-income mortgages, enabling many to buy homes in newly built suburbs. Developers such as William J. Levitt built entire communities quickly and on one mold, using preassembled materials. Although most Americans enjoyed living in communities such as Levitt s, others complained that the new developments lacked variety. 2 Cars and Highways The growth of suburbs led more Americans to rely on cars for everyday transportation. More and better roads were needed to support the increase in cars. The 1956 Federal-Aid Highway Act provided billions of dollars to build an interstate highway system. Cars became part of American culture as new businesses such as drive-in movies emerged. 19 Suburbs, Cars, and Highways 20 The Growth of Consumer Credit 21 Gasoline companies began offering credit cards with which consumers could purchase their product. Soon, lending agencies began to offer credit cards as well. Consumer debt rose as Americans used their credit cards to purchase washing machines, vacuum cleaners, television sets, and other consumer products. 22 The Postwar Economy Assessment Which of the following was a characteristic of white collar jobs in the 1950s? (A) work that was less dangerous than factory jobs (B) lack of opportunity for advancement (C) minimal pressure to conform to standards of dress (D) close connection with a company s product How did the GI Bill of Rights contribute to suburban growth? (A) It inspired Levitt to build suburban communities. (B) It provided former soldiers with low-income mortgages. (C) It established an interstate highway system. (D) It led to rising credit card debt. 23 The Postwar Economy Assessment Which of the following was a characteristic of white collar jobs in the 1950s? (A) work that was less dangerous than factory jobs (B) lack of opportunity for advancement (C) minimal pressure to conform to standards of dress (D) close connection with a company s product How did the GI Bill of Rights contribute to suburban growth? (A) It inspired Levitt to build suburban communities. (B) It provided former soldiers with low-income mortgages. (C) It established an interstate highway system. (D) It led to rising credit card debt. 24 QUIZ Put your name, date, and period on a piece of binder paper number it 1 to 10. Make sure to title the quiz. Complete the quiz. QUIZ 3

4 25 Work Look over your notes from today. 1. Answer the 5 questions from today s lecture. 2. In five sentences, write a brief summary of what we went over in class today. Use the highlighted key terms in your summary! Title the paper the same as the Lecture Notes. Make sure to put your Name, Date, and Period in the upper right hand corner of your page. Turn this in at the beginning of class tomorrow put it in the hand-in/collection basket. Worth 25 out of 100 points for this week s Daily grade. 4

5

6 ERROR: undefined OFFENDING COMMAND: STACK:

Chapter 22 Section 2 The Affluent Society. Click on a hyperlink to view the corresponding slides.

Chapter 22 Section 2 The Affluent Society. Click on a hyperlink to view the corresponding slides. Chapter 22 Section 2 The Affluent Society Click on a hyperlink to view the corresponding slides. Chapter Objectives Section 2: The Affluent Society Explain the reasons for and the effects of the nation

More information

A Booming Economy 20.1

A Booming Economy 20.1 A Booming Economy 20.1 How did the booming economy of the 1920s lead to changes in American life? During the 1920s, the American economy experienced tremendous growth. Using mass production techniques,

More information

American Consumerism in the 1950 s. By: John Macce and Sam Stentz

American Consumerism in the 1950 s. By: John Macce and Sam Stentz American Consumerism in the 1950 s By: John Macce and Sam Stentz The Consumer Boom In the 1950s the overall economy grew by 37%. By the end of the decade the median American Family had 30% more purchasing

More information

Nixon s Foreign Policy

Nixon s Foreign Policy 1 Nixon s Foreign Policy 2 TEKS 1, 24, 24(G), 26 3 Listen 4 5 Listen 6 Listen 7 8 Listen After a period of confrontation, we are entering an era of negotiation. Let all nations know that during this administration

More information

Objective: To analyze the effect the car had on U.S. society. 1927 Ford Model T

Objective: To analyze the effect the car had on U.S. society. 1927 Ford Model T Objective: To analyze the effect the car had on U.S. society. 1927 Ford Model T A Booming Economy: The 1920 s Income increases Boom Cycle People purchase more goods Companies expand and hire more people

More information

The President s Agenda for Tax Relief

The President s Agenda for Tax Relief The President s Agenda for Tax Relief These are the basic ideas that guide my tax policy: lower income taxes for all, with the greatest help for those most in need. Everyone who pays income taxes benefits

More information

A goal is an aspiration, ambition or aim. It is something that you would like to do or have or be in the future.

A goal is an aspiration, ambition or aim. It is something that you would like to do or have or be in the future. Goals and Budget Lesson 1 Goals A goal is an aspiration, ambition or aim. It is something that you would like to do or have or be in the future. Here are some examples: A 6 th grader wants to get an A

More information

THE GREAT DEPRESSION FROM BOOM TO BUST

THE GREAT DEPRESSION FROM BOOM TO BUST THE GREAT DEPRESSION FROM BOOM TO BUST Power Point accompaniment for the Consortium s lesson, The Great Depression, available in the Database of Civic Resources at Power Point, available in the Database

More information

FP1. HiSET TM Social Studies Practice Test

FP1. HiSET TM Social Studies Practice Test FP1 HiSET TM Social Studies Practice Test Copyright 2013 Educational Testing Service. All rights reserved. E T S and the E T S logo are registered trademarks of Educational Testing Service (E T S) in the

More information

The Cold War and the American Dream.. Key question: How did the U.S. economy and political climate change after WWII?

The Cold War and the American Dream.. Key question: How did the U.S. economy and political climate change after WWII? The Cold War and the American Dream.. Key question: How did the U.S. economy and political climate change after WWII? WHAT is the COLD WAR? The Cold War was a period of mistrust and bad feeling between

More information

Math 101 Financial Project Fall 2013

Math 101 Financial Project Fall 2013 FORM C Name: Section: ZID: Math 101 Financial Project Fall 2013 Directions: Read these directions carefully! When was the last time you looked over your financial records? How many of you actually have

More information

1960-61. United States

1960-61. United States 61-61 United States By, the U.S. population had surpassed 179 million, a gain of 19.0 percent from. The median age had decreased to 29.5 (28.7 for men and.3 for women), the first decline since 1900. The

More information

Women in the 1950s. Central Historical Question: Is the image of the happy 1950s housewife accurate?

Women in the 1950s. Central Historical Question: Is the image of the happy 1950s housewife accurate? Central Historical Question: Is the image of the happy 1950s housewife accurate? Materials: PowerPoint Copies of Documents A-D Copies of Graphic Organizer Plan of Instruction: 1. Introductory lecture:

More information

interchangeable parts strikes Industrial Revolution Transportation Revolution mass production textiles technology trade unions telegraph

interchangeable parts strikes Industrial Revolution Transportation Revolution mass production textiles technology trade unions telegraph Vocabulary 11 Directions: Cut out each column of vocabulary words and paste them into the notebook on the left side of each page three pictures on each page. Define each vocabulary term in ten words or

More information

Texas Wind: The New Oil. The earth is slowly, but surely, exhausting its resources. Fossil Fuels like coal and

Texas Wind: The New Oil. The earth is slowly, but surely, exhausting its resources. Fossil Fuels like coal and Charles Budney English 138T Friday, April 5, 2013 Texas Wind: The New Oil The earth is slowly, but surely, exhausting its resources. Fossil Fuels like coal and petroleum are undeniably a finite resource.

More information

Remember the Interest

Remember the Interest STUDENT MODULE 7.1 BORROWING MONEY PAGE 1 Standard 7: The student will identify the procedures and analyze the responsibilities of borrowing money. Remember the Interest Mom, it is not fair. If Bill can

More information

Economic Outlook 2009/2010

Economic Outlook 2009/2010 Economic Outlook 29/21 s Twenty-Eighth Annual Forecast Luncheon Paul R. Portney Dean, Professor of Economics, and Halle Chair in Leadership Marshall J. Vest Director Economic and Business Research Center

More information

Richard Florida: How the Recession Will Shape Our Economy and Our Society

Richard Florida: How the Recession Will Shape Our Economy and Our Society By Jeremy Dann May 5th, 2010 @ 10:19 am Categories: Uncategorized Tags: Economy, Jobs, Recession, Economic Crisis, Richard Florida... Richard Florida's latest book, The Great Reset, looks at the lasting

More information

Chapter 12 Quiz- The Great Depression

Chapter 12 Quiz- The Great Depression Chapter 12 Quiz- The Great Depression Multiple Choice Identify the choice that best completes the statement or answers the question. IDENTIFYING MAIN IDEAS 1. Throughout most of the 1920s, Americans were

More information

Math 101 Financial Project Spring 2015

Math 101 Financial Project Spring 2015 FORM B Name: Section: Z-ID Math 101 Financial Project Spring 2015 Directions: Read these directions carefully! When was the last time you looked over your financial records? How many of you actually have

More information

Financial Literacy Quiz ~ ANSWERS

Financial Literacy Quiz ~ ANSWERS Financial Literacy Quiz ~ ANSWERS Answers are in bold. 1. Which of the following statements best describes your right to check your credit history for accuracy? a. You can't see your credit record b. Your

More information

Economics EOC Quiz Answer Key Fundamental Economic Concepts - (SSEF4) Economic Systems, (SSEF5) Roles Of Government, (SSEF6) Productivity

Economics EOC Quiz Answer Key Fundamental Economic Concepts - (SSEF4) Economic Systems, (SSEF5) Roles Of Government, (SSEF6) Productivity Economics EOC Quiz Answer Key Fundamental Economic Concepts - (SSEF4) Economic Systems, (SSEF5) Roles Of Government, (SSEF6) Productivity Student Name: Teacher Name: Heather Creamer 1) In a command economy,

More information

MAKING YOUR MONEY WORK. Diploma

MAKING YOUR MONEY WORK. Diploma MAKING YOUR MONEY WORK Diploma MAKING YOUR MONEY WORK YOU CAN MAKE YOUR MONEY WORK A Literacy Partners of Manitoba publication Money is important to everyone. Money has value and is used to get the things

More information

Name (Please print) Assigned Seat. ECO202: PRINCIPLES OF MACROECONOMICS FIRST MIDTERM EXAM SPRING 2011 Prof. Bill Even FORM 1.

Name (Please print) Assigned Seat. ECO202: PRINCIPLES OF MACROECONOMICS FIRST MIDTERM EXAM SPRING 2011 Prof. Bill Even FORM 1. Name (Please print) Assigned Seat ECO202: PRINCIPLES OF MACROECONOMICS FIRST MIDTERM EXAM SPRING 2011 Prof. Bill Even FORM 1 Directions 1. Fill in your scantron with your unique id and form number. Doing

More information

LESSON 10 CONSUMER CREDIT: BUY NOW, PAY LATER, AND MORE

LESSON 10 CONSUMER CREDIT: BUY NOW, PAY LATER, AND MORE LESSON 10 CONSUMER CREDIT: BUY NOW, PAY LATER, AND MORE INTRODUCTION The word credit comes from the Latin word creditus meaning entrusted. Credit means that someone will lend you money and give you time

More information

World War II: Causes and Consequences: Teacher s Guide

World War II: Causes and Consequences: Teacher s Guide World War II: Causes and Consequences: Teacher s Guide Grade Level: 6-8 Curriculum Focus: U.S. History Lesson Duration: Two to three class periods Program Description Examine Hitler s occupation of Europe

More information

Explanatory Notes for Teachers Level: S2 Topic: Industrial Revolution Supporting Teaching Materials: PowerPoint file for lesson consolidation

Explanatory Notes for Teachers Level: S2 Topic: Industrial Revolution Supporting Teaching Materials: PowerPoint file for lesson consolidation Industrial Revolution Explanatory Notes for Teachers Level: S2 Topic: Industrial Revolution Supporting Teaching Materials: PowerPoint file for lesson consolidation S2 Topic 2 Students Prior Knowledge Before

More information

College: A Necessity Priced as a Luxury

College: A Necessity Priced as a Luxury College: A Necessity Priced as a Luxury Six Facts on College and the Middle Class May 2014 A Middle Class Job Does Not Get a Middle Class Life v Today, a middle class job increasingly does not support

More information

2.2.5: Causes of the Great Depression. WH3201 December 2014

2.2.5: Causes of the Great Depression. WH3201 December 2014 2.2.5: Causes of the Great Depression WH3201 December 2014 GD Overview World-wide economic downturn from 1929-1939 Began with the crash of the stock market on October 29, 1929 (Black Tuesday) Dirty Thirties

More information

Money Management Test - MoneyPower

Money Management Test - MoneyPower Money Management Test - MoneyPower Multiple Choice Identify the choice that best completes the statement or answers the question. 1. A person s debt ratio shows the relationship between debt and net worth.

More information

Your Money Matters! Financial Literacy Teacher Guide. Thanks to TD for helping us bring this resource to schools for free.

Your Money Matters! Financial Literacy Teacher Guide. Thanks to TD for helping us bring this resource to schools for free. Your Money Matters! Financial Literacy Teacher Guide 2 Table of Contents: Introduction...3 Toronto Star epaper...4 Financial Awareness Inventory...5 SPENDING To Spend or Not to Spend Activity...6 I Need

More information

Professionals in the Workplace: Television and Radio Broadcasting and Cable Professionals and Technicians

Professionals in the Workplace: Television and Radio Broadcasting and Cable Professionals and Technicians Professionals in the Workplace: Television and Radio Broadcasting and Cable Professionals and Technicians Updated November 2014 Even as digital media grows in popularity, television and radio broadcasting

More information

Lesson 1 Budget to Save: What Does It Mean to Be Wealthy?

Lesson 1 Budget to Save: What Does It Mean to Be Wealthy? Lesson 1 Budget to Save: What Does It Mean to Be Wealthy? Lesson Description In an introductory brainstorming activity, students are challenged to define wealth and recognize the personal nature of the

More information

"TIT blue plate's $295 fer discharged sojersthat leaves ya $5 fer th' street car..."

TIT blue plate's $295 fer discharged sojersthat leaves ya $5 fer th' street car... After you've got your discharge and button, you'll find things back home have changed some. Your family and friends and neighbors have had to make some changes because of the war, and some of the changes

More information

Lesson: The Development, Goals, and Results of American Labor Unions Author: Bill Gill, Sarah Pulliam Grade Level: High School Common Core Standards:

Lesson: The Development, Goals, and Results of American Labor Unions Author: Bill Gill, Sarah Pulliam Grade Level: High School Common Core Standards: Lesson: The Development, Goals, and Results of American Labor Unions Author: Bill Gill, Sarah Pulliam Grade Level: High School Common Core Standards: CCSS.ELA-Literacy.RH.11-12.1 Cite specific textual

More information

The Business Cycle and The Great Depression of the 1930 s

The Business Cycle and The Great Depression of the 1930 s The Business Cycle and The Great Depression of the 1930 s With the stock market crash in October, 1929, the U.S. entered a period in its history known as the Great Depression. This lasted for almost the

More information

Government Spending STEP BY STEP. the worksheet activities to the class. the answers to the worksheet activities if you wish.

Government Spending STEP BY STEP. the worksheet activities to the class. the answers to the worksheet activities if you wish. Teacher s Guide Government Spending Time Needed: One class period Materials Needed: Student worksheets Projector for optional PowerPoint Copy Instructions: Reading (two pages; class set) Worksheets (three

More information

World War II Propaganda Posters Activity Women in the Military

World War II Propaganda Posters Activity Women in the Military Women in the Military Women have served in military conflicts since the American Revolution, but World War II was the first time that women served in the United States military in an official capacity.

More information

Stock Market Crash and Great Depression

Stock Market Crash and Great Depression Stock Market Crash and Great Depression USHC-7.4 Explain the causes and effects of the stock market crash of 1929 and the Great Depression, including the disparity in incomes, limited government regulation,

More information

Big Deal リスト. builder/owner. On-site management in place. Use this yourself or sell to another player. 66% ROI, may sell for $1,500,000 to $2,700,000

Big Deal リスト. builder/owner. On-site management in place. Use this yourself or sell to another player. 66% ROI, may sell for $1,500,000 to $2,700,000 1 Apartment Complex for Sale 60 unit complex available from pension fund that foreclosed on builder/owner. On-site management in place. 66% ROI, may sell for $1,500,000 to $2,700,000 RE: Apartment (60)

More information

Government & the Economy STEP BY STEP

Government & the Economy STEP BY STEP Teacher s Guide Time Needed: One class period Materials Needed: Student worksheets Scissors and glue or tape Power Point with projector (optional) Copy Instructions: Reading (2 pages; class set) Review

More information

Franchising USA HEALTHY FRANCHISING WOMEN IN FRANCHISING: HOW MUCH MONEY WILL YOUR FRANCHISE MAKE? WEIGHT LOSS & WELLNESS: FROM MARKETING TO MILLIONS

Franchising USA HEALTHY FRANCHISING WOMEN IN FRANCHISING: HOW MUCH MONEY WILL YOUR FRANCHISE MAKE? WEIGHT LOSS & WELLNESS: FROM MARKETING TO MILLIONS THE MAGAZINE FOR FRANCHISEES VOL 02, ISSUE 05, MAR 2014 $5.95 www.franchisingusamagazine.com WEIGHT LOSS & WELLNESS: HEALTHY FRANCHISING HOW MUCH MONEY WILL YOUR FRANCHISE MAKE? WOMEN IN FRANCHISING: FROM

More information

Top 10 Ways Public Banking Can Boost Arizona s Economy

Top 10 Ways Public Banking Can Boost Arizona s Economy Top 10 Ways Public Banking Can Boost Arizona s Economy Public & Commercial Banks Have Complementary Services Public Banks Invest taxpayer funds locally for public good Infrastructure projects (roads, bridges,

More information

C. Resources - are factors of production that are used in the production of goods and services. Types of resources are:

C. Resources - are factors of production that are used in the production of goods and services. Types of resources are: I. CE.11a A. People make choices about how to use limited resources, decide the ownership of resources, and structure markets for the distribution of goods and services. B. Scarcity there is never enough

More information

World War II at Home

World War II at Home The Home Front World War II at Home World War II affected every aspect of American life. Americans were asked to make sacrifices in support of the war effort and the ideas for which we fought. American

More information

Unit 5. 5th Grade Social Studies World War I & the 1920 s Study Guide

Unit 5. 5th Grade Social Studies World War I & the 1920 s Study Guide Unit 5 5th Grade Social Studies World War I & the 1920 s Study Guide Additional study materials and review games are available at www.jonathanfeicht.com. Copyright 2015. For single classroom use only.

More information

Wisconsin and the Civil War

Wisconsin and the Civil War 7 Wisconsin: Our State, Our Story Wisconsin and the Civil War In this chapter, students focus on the upheaval brought on by the events associated with the Civil War. Brought home are questions about slavery

More information

Econ 102 Economic Growth Solutions. 2. Discuss how and why each of the following might affect US per capita GDP growth:

Econ 102 Economic Growth Solutions. 2. Discuss how and why each of the following might affect US per capita GDP growth: Econ 102 Economic Growth Solutions 2. Discuss how and why each of the following might affect US per capita GDP growth: a) An increase of foreign direct investment into the US from Europe is caused by a

More information

SOLE PROPRIETORSHIP. Business that is organized by one single owner.

SOLE PROPRIETORSHIP. Business that is organized by one single owner. BUSINESS & LABOR Sole Proprietorship Partnership Corporation Non-Profit Organization Types of Workers Labor Unions Labor Unions (Organization) Collective Bargaining SOLE PROPRIETORSHIP Business that is

More information

How To Sell Your House Fast and Easily in 2013

How To Sell Your House Fast and Easily in 2013 Special Seller Report: How To Sell Your House Fast and Easily in 2013 Hello and thank you for downloading this special report. Often times I have people asking us, How do you find buyers for houses so

More information

Florida Chamber Foundation 50 Florida Facts

Florida Chamber Foundation 50 Florida Facts Florida Chamber Foundation 50 Florida Facts Talent Supply & Education 1. There are 459 Charter Schools operating in the state of Florida, which comprise approximately 13% of public schools. Source: Florida

More information

Materials. Lesson Objectives

Materials. Lesson Objectives 70 Materials 1. Marker or Chalk 2. Chalkboard or Flip Chart 3. Blank piece of white paper 4. Credit Card Vocabulary Sheet 5. Credit Report Answer Key 6. Student Materials Packets Outline 1. KWL 2. Review

More information

You re One in Seven Billion!

You re One in Seven Billion! You re One in Seven Billion! We ve all heard the expression, You re one in a million!. With the ever-growing number of people on the planet, it might be more accurate to say, You re one in seven billion!

More information

Chapter 11 Quiz- The Roaring 1920s

Chapter 11 Quiz- The Roaring 1920s Chapter 11 Quiz- The Roaring 1920s Multiple Choice Identify the choice that best completes the statement or answers the question. Ch. 11.1 The Republican Decade 1. Key features of Republican administrations

More information

The decision to grow is yours.

The decision to grow is yours. The potential for growth is certain. The decision to grow is yours. 1.800.827.6639 www.omexcorp.com OMEX Inter national Inc. All rights reserved. This advertising is not an offering. An offering can only

More information

Vocational Education in Beverly: A Model of the Factory-School Connection by Tim Wear

Vocational Education in Beverly: A Model of the Factory-School Connection by Tim Wear Vocational Education in Beverly: A Model of the Factory-School Connection by Tim Wear Abstract This paper is about the connection between trade schools and factories. There were many strong connections

More information

Do Tax Increases in New York City Cause a Loss of Jobs? A Review of the Evidence

Do Tax Increases in New York City Cause a Loss of Jobs? A Review of the Evidence An examination of the periods 1969-71 Moshe and 1973-75 Adler, shows Oliver that Cook, several and factors James Parrott led to the of the fall Fiscal in employment, Policy Institute, and that Albany,

More information

Chapter 13 More Like the TVA?

Chapter 13 More Like the TVA? Page 55 Chapter 13 More Like the TVA? One of the most bitter arguments between liberals and conservatives has been over the government s role in the economy. Liberals say the government should do the things

More information

INTRODUCTION THE U.S. ECONOMY: A GLOBAL VIEW WHAT AMERICA PRODUCES COMPARATIVE OUTPUT PER CAPITA GDP COMPARATIVE OUTPUT

INTRODUCTION THE U.S. ECONOMY: A GLOBAL VIEW WHAT AMERICA PRODUCES COMPARATIVE OUTPUT PER CAPITA GDP COMPARATIVE OUTPUT Chapter 2 THE U.S. ECONOMY: A GLOBAL VIEW INTRODUCTION Each nation has very different production possibilities and uses different mechanisms for deciding WHAT, HOW, and FOR WHOM to produce. The objective

More information

Take a Step Activity Illustrating Disadvantages and Factors Leading to Poverty

Take a Step Activity Illustrating Disadvantages and Factors Leading to Poverty Instructions for the facilitator: This is an example of an effort to help participants reflect on the unequal playing field that benefits some while making it more likely that others will be left behind.

More information

Standard 3: The student will describe the functions and uses of banks and other financial service providers.

Standard 3: The student will describe the functions and uses of banks and other financial service providers. TEACHER GUIDE 3.1 FINANCIAL SERVICE PROVIDERS PAGE 1 Standard 3: The student will describe the functions and uses of banks and other financial service providers. Finding Financial Services Priority Academic

More information

The 1920s. A BOOMing economy!

The 1920s. A BOOMing economy! The 1920s A BOOMing economy! Post-war economic boom During WW1 production increased, and unemployment decreased! And yet.. Americans could not buy normal items because Following the war rationing and government

More information

The Concept of Credit

The Concept of Credit The Concept of Credit { http://youth.macu.com } Mountain America Credit Union knows that it s never too early to start learning critical money management skills. That s why we ve put this information together

More information

Money Management THEME

Money Management THEME THEME 3 Introduction Money Management Do you know people who handle money carelessly? Lots of seemingly smart people are clueless about where they stand financially. There is Beverly, a professional woman,

More information

Do Tax Increases in New York City Cause a Loss of Jobs? A Review of the Evidence

Do Tax Increases in New York City Cause a Loss of Jobs? A Review of the Evidence Do Tax Increases in New York City Cause a Loss of Jobs? A Review of the Evidence By Moshe Adler, Oliver Cook and James Parrott December 5, 2001 (Revised December 11, 2001) Preliminary Draft for Review

More information

Smart Money II A TOOL FOR DEALING WITH DEBT PROBLEMS

Smart Money II A TOOL FOR DEALING WITH DEBT PROBLEMS Smart Money II A TOOL FOR DEALING WITH DEBT PROBLEMS Table of Contents Do You Need Help with Debt Problems? 2 What Can You Do if You Cannot Meet a Payment? 3 How Are You Protected in Dealing with Credit

More information

Financing Capital Requirements

Financing Capital Requirements Of the independent growers, a typical one produces about four batches of I o thousand birds a year. His capital assets are about as follows: Land, buildings, and equipment, 30 thousand dollars; feed, 4,500

More information

New Mexico. Comparison Profile prepared by the New Mexico Economic Development Department State Data Center. Page 1 of 5

New Mexico. Comparison Profile prepared by the New Mexico Economic Development Department State Data Center. Page 1 of 5 DEMOGRAPHICS Population estimates, July 1, 2014 2,085,572 Population, percent change - April 1, 2010 to July 1, 2014 1.4% Population estimates, July 1, 2013 2,085,287 Population, percent change - April

More information

A beautiful sunny day in July; I m walking on a street in the middle of a city, being surrounded by

A beautiful sunny day in July; I m walking on a street in the middle of a city, being surrounded by A Trip to Cambridge By Iina Lahti A beautiful sunny day in July; I m walking on a street in the middle of a city, being surrounded by stunning old buildings. Colleges and churches seem to be in every corner,

More information

Chapter 10 Keynes and the Multiplier

Chapter 10 Keynes and the Multiplier Page 42 Chapter 10 Keynes and the Multiplier Economists, supposedly, are able to make accurate forecasts, and give valuable advice on dealing with economic problems. When Presidents have problems with

More information

The Roaring Twenties Great Depression

The Roaring Twenties Great Depression The Roaring Twenties Great Depression Standard 7-4.3 Explain the causes and effects of the worldwide depression that took place in the 1930s, including the effects of the economic crash of 1929. What is

More information

Money Borrowing money

Money Borrowing money Money Borrowing money Aims: To enable young people to explore ways of borrowing money and the advantages and possible consequences of doing so. Learning Outcomes: By the end of the session the participants

More information

BUILDING YOUR MONEY PYRAMID: FINANCIAL PLANNING CFE 3218V

BUILDING YOUR MONEY PYRAMID: FINANCIAL PLANNING CFE 3218V BUILDING YOUR MONEY PYRAMID: FINANCIAL PLANNING CFE 3218V OPEN CAPTIONED MERIDIAN EDUCATION CORP. 1994 Grade Levels: 10-13+ 14 minutes 1 Instructional Graphic Enclosed DESCRIPTION Most people will earn

More information

The Cost of College. Is the Price of Higher Education Worth Paying? Yasmine Byungura, Tessa Wood Introduction

The Cost of College. Is the Price of Higher Education Worth Paying? Yasmine Byungura, Tessa Wood Introduction The Cost of College Is the Price of Higher Education Worth Paying? Yasmine Byungura, Tessa Wood Introduction For decades, oncoming generations have been taught that the key to a successful, happy, and

More information

Learning English with CBC Radio Living in Alberta. Understanding Credit Cards

Learning English with CBC Radio Living in Alberta. Understanding Credit Cards Learning English with CBC Radio Living in Alberta Understanding Credit Cards by Maroro Zinyemba Project Manager: Justine Light Daylight Consulting Inc. Integration Enhancement Topic: Budgeting Basics Lesson:

More information

GEORGIA S ECONOMY. Inside this issue: Special points of interest:

GEORGIA S ECONOMY. Inside this issue: Special points of interest: GEORGIA S ECONOMY SS8E1 The student will give examples of the kinds of goods and services produced in Georgia in different historical periods. SS8E2 The student will explain the benefits of free trade.

More information

The default rate leapt up because:

The default rate leapt up because: The financial crisis What led up to the crisis? Short-term interest rates were very low, starting as a policy by the federal reserve, and stayed low in 2000-2005 partly due to policy, partly to expanding

More information

MTH 150 SURVEY OF MATHEMATICS. Chapter 11 CONSUMER MATHEMATICS

MTH 150 SURVEY OF MATHEMATICS. Chapter 11 CONSUMER MATHEMATICS Your name: Your section: MTH 150 SURVEY OF MATHEMATICS Chapter 11 CONSUMER MATHEMATICS 11.1 Percent 11.2 Personal Loans and Simple Interest 11.3 Personal Loans and Compound Interest 11.4 Installment Buying

More information

Comparison Profile prepared by the New Mexico Economic Development Department State Data Center. Page 1 of 5

Comparison Profile prepared by the New Mexico Economic Development Department State Data Center. Page 1 of 5 Comparing New Mexico to Colorado DEMOGRAPHICS Colorado New Mexico Population estimates, July 1, 2014 5,355,866 2,085,572 Population, percent change - April 1, 2010 to July 1, 2014 1.4% 1.4% Population

More information

Q. My company already offers employee health coverage, how does the law impact me?

Q. My company already offers employee health coverage, how does the law impact me? Frequently Asked Questions Q. Will my business be required to provide employee health insurance under the health care law? A. The law does not mandate employers provide employees health care coverage.

More information

Thomas Malthus Economist in the late 1700s-early 1800s felt Europeans will not be able to eat if population increased

Thomas Malthus Economist in the late 1700s-early 1800s felt Europeans will not be able to eat if population increased European Population doubled (1850-1914) Thomas Malthus Economist in the late 1700s-early 1800s felt Europeans will not be able to eat if population increased After World War II, Europeans and other industrial

More information

The following is an article from a Marlboro, Massachusetts newspaper.

The following is an article from a Marlboro, Massachusetts newspaper. 319 CHAPTER 4 Personal Finance The following is an article from a Marlboro, Massachusetts newspaper. NEWSPAPER ARTICLE 4.1: LET S TEACH FINANCIAL LITERACY STEPHEN LEDUC WED JAN 16, 2008 Boston - Last week

More information

a topic for a future issue brief, please Minnesota is heading into challenging territory. In the decades

a topic for a future issue brief, please Minnesota is heading into challenging territory. In the decades RESEARCH BRIEF September 2011 Minnesota Educational Needs and Higher Education Finance Policy This is one in a series of research-based briefs prepared by the Minnesota Private College Council for members

More information

Chapter 12 Production and Cost

Chapter 12 Production and Cost Chapter 12 Production and Cost 12.1 Economic Cost and Profit 1) Which of the following is a firm's fundamental goal? A) producing a quality product B) maximizing workforce job satisfaction C) improving

More information

Can They Afford to Buy?

Can They Afford to Buy? Can They Afford to Buy? For each case study, examine the household s overall financial portfolio and determine whether they are able to realistically afford the home they would like. Your decision should

More information

June 2013. Dear Friends,

June 2013. Dear Friends, June 2013 Dear Friends, On July 1, student loan interest rates are set to double for almost 7 million college students. Last year when Congress was about to double the interest rates on students, 45 Jubilee

More information

The Age of Human Capital

The Age of Human Capital The Age of Human Capital Gary S. Becker THE AGE OF HUMAN CAPITAL Human capital refers to the knowledge, information, ideas, skills, and health of individuals. This is the age of human capital in the sense

More information

The missing rung: London s housing squeeze

The missing rung: London s housing squeeze The missing rung: London s housing squeeze KATIE EVANS AND BEN RICHARDS April 2016 THE HOUSING AFFORDABILITY GAP We all know that life in the capital is expensive. Generally, wages are higher in the capital

More information

Why you should advertise on radio

Why you should advertise on radio Why you should advertise on radio Radio reaches 76% of consumers every day! Radio reaches 96% of consumers every week! Consumers spend more time with Radio between 6AM and 6PM than any other medium! Radio

More information

Energy Consumption. U.S. Energy Consumption by Sector, 2013. Energy Use. Who Uses Energy? Residential and Commercial Sectors

Energy Consumption. U.S. Energy Consumption by Sector, 2013. Energy Use. Who Uses Energy? Residential and Commercial Sectors Energy Use Think about how you use energy every day. You wake up to an alarm clock. You take a shower with water warmed by a hot water heater. You listen to music on the radio as you dress. You catch the

More information

Energy Consumption. Energy Use. U.S. Energy Consumption by Sector, 2009. Who Uses Energy? Residential and Commercial Sectors

Energy Consumption. Energy Use. U.S. Energy Consumption by Sector, 2009. Who Uses Energy? Residential and Commercial Sectors Energy Use Think about how you use energy every day. You wake up to an alarm clock. You take a shower with water warmed by a hot water heater. You listen to music on the radio as you dress. You catch the

More information

NEW HAMPSHIRE PIPELINE INSTALLATION

NEW HAMPSHIRE PIPELINE INSTALLATION NORTHEAST ENERGY DIRECT NEW HAMPSHIRE PIPELINE INSTALLATION Benefits to New Hampshire January 2015 Overview of Proposed New Hampshire Facilities The proposed Northeast Energy Direct Pipeline (NED) routed

More information

How to improve your FICO Score in perilous times By Blair Ball. National Distribution of FICO Scores

How to improve your FICO Score in perilous times By Blair Ball. National Distribution of FICO Scores How to improve your FICO Score in perilous times By Blair Ball When you re applying for credit whether it s a credit card, a car loan, a personal loan or a mortgage lenders want to know your credit risk

More information

PRODUCTION. 1The Surplus

PRODUCTION. 1The Surplus 1The Surplus 2 The US economy produces an amazing number of different products: thousands of different foods, countless movies, dozens of different type cars, hundreds of entertainment products, dozens

More information

Lesson 2: Savings and Financial Institution Knowledge Making the Most of Your Money

Lesson 2: Savings and Financial Institution Knowledge Making the Most of Your Money Lesson 2: Savings and Financial Institution Knowledge Making the Most of Your Money All the materials and information included in this presentation is provided for educational and illustrative purposes

More information

SOL Review World War II. Inflation Depression Germany Unemployment. - High (the value of money goes down).

SOL Review World War II. Inflation Depression Germany Unemployment. - High (the value of money goes down). SOL Review World War II Part I Causes and leaders of World War I Inflation Depression Germany Unemployment 1. Political instability and economic problems in Europe: - World Wide. - High war debt owed by.

More information

Running head: THE CLASSROOM USE OF TECHNOLOGY SINCE 1920. The Classroom Use of Technology. Giovanna Perrone

Running head: THE CLASSROOM USE OF TECHNOLOGY SINCE 1920. The Classroom Use of Technology. Giovanna Perrone The Classroom Use of Technology Since 1920 1 Running head: THE CLASSROOM USE OF TECHNOLOGY SINCE 1920 The Classroom Use of Technology Giovanna Perrone Queens College of the City University of New York

More information

At the end of Chapter 10, you will be able to answer the following:

At the end of Chapter 10, you will be able to answer the following: 1 Objectives for Chapter 10 The Circular Flow Model At the end of Chapter 10, you will be able to answer the following: 1. Explain the basic circular flow model. 2. Define "consumption" and "saving" 3.

More information

PNC is a registered mark of The PNC Financial Services Group, Inc.( PNC ) 2013 The PNC Financial Services Group, Inc. All rights reserved.

PNC is a registered mark of The PNC Financial Services Group, Inc.( PNC ) 2013 The PNC Financial Services Group, Inc. All rights reserved. The seminar and/or webinar and materials that you will view were prepared for general information purposes only by Baker Tilly and are not intended as legal, tax or accounting advice or as recommendations

More information

THE ECONOMIC PLIGHT OF MILLENNIALS

THE ECONOMIC PLIGHT OF MILLENNIALS THE ECONOMIC PLIGHT OF MILLENNIALS 6 EconSouth January April 2014 A demographic cohort is never monolithic, but the group that recently entered the labor force had one trait in common: they watched as

More information