HIST 2013 Study Guide - Quiz Guide: Federal Housing Administration, Baby Boom, Making Money
25 Aug 2016
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Social contract: contract between businesses and government. Unions will be less militant: making money = spending money, growth-based economy. Democratizing effect does not account for race or class, shared commonality: the car, baby boom. Suburbanization: levittown first suburban enclave, located in ny. Federal housing administration 5% down, 2-3% interest and mortgage. Gi - down payment, interest-free home. White people only, blacks not offered deals: white flight white people leaving cities to suburbia, inward turn alienating process, disconnect from community. More about privacy, picking social circle: restricted access. White flight: speculators hire black woman to walk through neighborhood, prompting whites to move out. Buying on contract: african americans can buy but have no protection. Build highways, shopping malls, sports stadiums, etc. to bring investment back; all african americans thrown into public housing projects. The end of ideology americans over extreme ideas and want moderate ideas: the liberal consensus. Liberal system and kanzian economics are what works.
