HY 101 Chapter Notes - Chapter 36: Bretton Woods, New Hampshire, Marshall Plan, International Monetary Fund
Document Summary
In the initial postwar years, the economy struggled and prices of consumer goods increased because the wartime price controls were removed. An series of strikes swept over the country in 1946. In 1947, the republican congress passed the taft-hartley act over president truman"s veto. It outlawed "closed" (all-union) businesses, made unions liable for damages that resulted from jurisdictional disputes among themselves, and required union leaders to take a noncommunist oath. Taft-hartley was just one of several obstacles that slowed the growth of organized labor in the years following wwii. The cio"s "operation dixie," tried to unionize southern textile workers and steelworkers. It failed in 1948 because it couldn"t overcome fears of racial mixing. The employment act of 1946 created a 3-member council of economic advisers to advise the president on policies regarding employment, production, and purchasing power. The servicemen"s readjustment act of 1944 (gi bill of rights / gi bill), made money available to send former wwii soldiers to school.
