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G.I. Bill
Signed into law by President Franklin D. Roosevelt on June 22, 1944, this act, also known as the G.I. Bill, provided World War II veterans with funds for college education, unemployment insurance, and housing. It put higher education within the reach of millions of veterans of WWII and later military conflicts. As more Americans took advantage of higher education, they earned higher wages, and could therefore pump more money into the economy. -
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Space Race
The space race was a series of competitive technology demonstrations between the United States and the Soviet Union, aiming to show superiority in spaceflight. The Space Race played a significant part in the Cold War as the Americans and Soviets competed to prove their superiority by becoming the first nation to put a human into space. -
Economic Opportunity Act
Signed into law by President Lyndon B. Johnson, federal legislation established a variety of social programs aimed at facilitating education, health, employment, and general welfare for impoverished Americans. Some of these programs are known as the Job Corps, the college Work-Study Program and Head Start. Along with the expansion of social security benefits and the establishment of food stamps. -
Social Security Act
President Lyndon B. Johnson signed the Medicare and Medicaid Act, also known as the Social Security Amendments of 1965, into law. It established Medicare, a health insurance program for people age 65 and up, and Medicaid, a health insurance program for people with limited income. -
Higher Education Acts
Apart of Lyndon B. Johnson's Great Society, the Higher Education Act created financial aid, grants, loans, federal scholarships and other programs to help students acquire education beyond secondary school.