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Definitions and background information on significant economic, social, and technological developments during the post-world war ii period. Topics include the baby boom, keynesian economics, the 'postwar contract', the merger of the afl and cio, the salk vaccine, ddt, and the univac computer.
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TERM 1
DEFINITION 1 Increase of the National birth rate by about 20% from WWII to 1960. Led to an increase in consumer demand and economic growth. TERM 2
DEFINITION 2 Developed by John Keynes in early 1920s where the government would regulate monetary (taxes) and fiscal (currency) policies without taking complete control of the economy. Was popular and kept economy growing. TERM 3
DEFINITION 3 Agreement between workers and businesses that they would be given higher wages, better working conditions, vacation time, and other benefits for giving up their power. Led to less strikes but hurt labor unions. TERM 4
DEFINITION 4 The merging of the "skilled" labor union, American Federation of Labor (AFL), and the "craft" labor union, Congress of Industrial Organizations (CIO). Conflicts at first from opposing ideas but was able to survive. TERM 5
DEFINITION 5 Created by Jonas Salk in the fight against Polio. Given to the public for free by federal government. Transformed into sugar cubes (FINNICK!) to make it moreaccessible.
TERM 6
DEFINITION 6 (dichloridphemyltrichloroethane) a pesticide developed by Paul Muller to kill insects in the tropical areas during WWII to reduce the risk of the soldiers contracting malaria. Worked well and was supposedly harmless to humans and other animals. Went commercial to farms and other areas but turned out to have long-lasing side effects. TERM 7
DEFINITION 7 (Universal Automatic Computer) First developed for U.S. Bureau of the Census by the Remington Rand Co. Able to do both alphabetical and numerical information. Predicted the results of the 1952 election.