19.1- Postwar America • Recovery from World War II Initiates o After World War II came to an end, many veterans returned home in hope that they would be able to return to living their normal lives once again. o The government predicted this would not be the case, convincing them to pass the GI Bills of Rights in the year 1944. This would guarantee veterans work for an entire year while they look for a permanent job or business. o In addition, many veterans were experiencing shortage on housing, forcing to live in small, cramped apartments. William Levitt and Henry Kaiser were just in time by inventing a production line that can make houses within minutes, leading to the creation of suburbs. • Redefining the American Family and Economy …show more content…
19.2- The American Dream in the Fifties • The Nature of Business Transforms o As America entered the 1950’s, people were now able to get the job they wanted as the workforce was no longer limited to industrial or production lines. Jobs were extended in occupations like real estate, advertising, managing, insurance, and communication. o This movement led to the creation of conglomerates, which is when a big corporation includes other smaller companies to help expand their market. International Telephone and Telegraph is a perfect example as they ended up hiring other companies that specialized in car rentals, advertisement, and insurance in order to diversify their services. o Another business technique that developed was the concept of making franchises, company that offers their services and products in several locations, like fast food restaurants McDonalds and many others were born during the 1950’s. o The one consequence that came from this transformation and advancement within American industries and business was that everyone practically became the same, losing their uniqueness and