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Highways, Houses & Hamburgers Postwar Economics and Culture The ‘50s.

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Presentation on theme: "Highways, Houses & Hamburgers Postwar Economics and Culture The ‘50s."— Presentation transcript:

1 Highways, Houses & Hamburgers Postwar Economics and Culture The ‘50s

2 Technology: from war to life  The end of the Manhattan Project  Physicists as celebrities: Robert Oppenheimer  From scientists to suspects

3 Economic Strength  US: ½ wealth in world, ½ productivity, 2/3 of the machinery  Mass production: weapons and consumer goods  Worker became consumer  From coal to oil: demand increased but prices still low  Oil consumption tripled from 1949-1972

4 Auto Industry: GM  First corporation to gross a million  2 threats: labor unrest, anti-trust enforcment  Cars got bigger because profit margin was bigger  Gov’t help  Eisenhower’s Admin tolerant of big business  Federal highways projects

5 1952 Corsair Coupe

6 Homeownership: The American Dream  Highways + cars = suburbia  First houses $5000 (average family wages for 2 years)  Following the war, auto-workers made $60/week= $3000/year  Hollywood pitched houses as the American Dream  GI Bill, passed in 1944 provided, among other things, low cost mortgages as well as assistance for returning soldiers to get education and training to become better employed

7 Bill Levitt’s Dream

8 Suburbia & Mass Production Bill & Alfred Levitt, PA & NY Experience in war as contractors for the US military/gov Mass production of homes 27 steps = 27 teams Pay for efficiency 1945 housing crisis

9

10 Innovation: Fast Food & Franchises McDonald’s brothers 1940, San Bernardino Target clients: family Need for speed narrow menu mechanize production specialize workers


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