Economics
~Klohie~Maddy~Martha~
Post Cold War Culture
Description
What: The television industryTime Period: 1950-1960
Location: Across the United States
Cause&Outcome of Event or Person
Cause: Ad expenditures $170 million. Became $2 billion in just 10 years (60's)
Reason: People were coming home from the war and finding jobs to be able to purchase the television sets.
Result: The television industry has grown since the 60's and is a very popular way to bring attention to products and events such as infomercials.
Importance
Significance: The T.V. industry creates many jobs for talented actresses, actors, musicians, producers, directors, assistance's, etc. Not to mention how much these big paying jobs flourish the economy by their usual big spending ways.
To Whom; By the employees working for the company putting their large salaries into the economy it helps out the other citizens because money is moving and not just staying in one place. Also because the people who are buying the television sets and things associated with their "favorite" show they put their money back into the cities and states.
I Love Lucy
I Love Lucy was a very popular show that took place in the 1950's. Running from 1951- 1957. This lead to a later program called, The Lucy Show running from 1962 – 1968
The Dick Van Dyke Show
The Dick Van Dyke show was very popular from1961-1966. Still today people will make references to the iconic sitcom which follows the life of the Petrie family.
Leave It to Beaver
Leave it to Beaver follows the life of Theodore "The Beaver" Cleaver and his adventures through school, home and his suburb. It was most popular from 1957-1963.
Conclusion
A Not So Perfect America
Description
What: Poverty Line Going Down at a Startling RateTime Period: 1959
Location: America
Cause&Outcome of Event or Person
Cause: Due to the U.S. helping out in the Korean War and high government spending. The poverty line is also thought to have gone down because of high consumer demand.
Reason: Public housing was very easy to do. All homes where almost exactly the same. It took a short time to build the homes allowing them to be more affordable for lower income families.
Result: People who might not have been able to afford the Urban life before now could because of the amount of work it took to build the small communities.
Importance
Significance: The poverty line was $2,973 and 1/4 of American's were under it. Today 1 in 2 people are considered poor or low- income according to the USA Today. A lot of problems in the 50's seem to repeat themselves or never have been solved.
To Whom; People who are under the poverty line or above it because anybody can make a bad choice to bring them under the line.