HIST 2057 Chapter : The Affluent Society
Document Summary
Inflation stayed low as well; average american income increased. War production stimulated industry in us: also, europe is in shambles industrially, so us had little to no competition. Eisenhower worked to ease credit and made money more readily available in order to recover the economy: success, 1963 kennedy is president. Became dominant force in american society: americans achieved highest standard of living thus far in the world, people are very confident that prosperity is here and here to stay. Icon of rebelliousness of american youth: his lifestyle also exemplified this: died at 24 in car accident. In the city, poverty was extreme: many city dwellers lived in poverty. Lack of strong educational institutions, lack of service institutions, crime, violence: other argued that unemployment and racism were responsible for poverty in inner city neighborhoods, urban renewal was a policy about destroying old buildings.
