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The Good Ol' Days: 1936 to 1955

  • Congress Overrode

    Congress Overrode
    Jan 27, The US Congress overrode Pres. Roosevelt’s veto and passed a large bonus for veterans of WWI. This provided an economic stimulus for the year, which disappeared in 1937
    (https://timelines.ws/20thcent/1936.HTML)
  • Bye Bye Italy

    Bye Bye Italy
    Jul 4, The League Council voted to end economic sanctions against Italy with the collapse of Ethiopia. Which had the failure of collective security under the League and was a harbinger of conflict in the upcoming years.
    (https://timelines.ws/20thcent/1936.HTML)
  • No Job 4 U

    No Job 4 U
    Unemployment continued to drop to 14.3% dropping some 6.7% from the previous year. And the Engineering feat of the Golden Gate bridge opening gave Americans great pride, and the Millionaire Inventor / Industrialist set a new air record by completing the flight from Los Angeles to New York in 7 hours 28 seconds. After a number of strikes in the Auto industry General Motors were forced to recognize the UAW United Auto Workers Union.
    http://www.thepeoplehistory.com/1937.html
  • The Big One

    The Big One
    The Manhattan Project was a research and development undertaking during World War II that produced the first nuclear weapons. It was led by the United States with the support of the United Kingdom and Canada.
    http://www.thepeoplehistory.com/1939.html
  • WWII

    WWII
    For the United States, World War II and the Great Depression constituted the most important economic event of the twentieth century. ... The federal government emerged from the war as a potent economic actor, able to regulate economic activity and to partially control the economy through spending and consumption.
  • Jamany and Roosia

    Jamany and Roosia
    Germany and the Soviet Union attacked Poland and Britain, France, India, Australia and new Zealand declared war on Germany on September 3rd , the United States decided to remain neutral but did begin rearming for war , which helped end the great depression.
    http://www.thepeoplehistory.com/1939.html
  • War Bonds

    War Bonds
    Following the United States joining the War it truly becomes a World War with most areas of the world affected in some way and choosing sides. War Bonds introduced raising $13 billion. Women's Coast Guard. Auxiliary established. Voice of America begins broadcasting. Car Makers switch from making cars to making War Materials. The United States conducts an air raid on Tokyo during World War II.
  • Colds Wars Boi

    Colds Wars Boi
    The Cold War was a state of geopolitical tension after World War II between powers in the Eastern Bloc and powers in the Western Bloc. Most of the our money was spent on advancing our military a and space equipment. (NASA). So we could be more advanced the the Soviet Union.
  • Korean War

    Korean War
    The impact of the Korean War on the Economy of the United States refers to the ways in which the American economy was affected by the Korean experience from 1950 to 1953. ... The Korean War boosted GDP growth through government spending, which in turn constrained investment and consumption.
  • Vietnam War

    Vietnam War
    The requirements of the war effort strained the nation's production capacities, leading to imbalances in the industrial sector. Factories that would have been producing consumer goods were being used to make items from the military, causing controversy over the government's handling of economic policy. In addition, the government's military spending caused several problems for the American economy.
    http://www.historycentral.com/sixty/Economics/Vietnam.html