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US work hours fell by 10.7% between 1950 and 1979, though the decline was still around half that of Western Europe. In 1980, the American standard of living was the highest among the industrial countries, according to the OECD. Out of the 85 million households in the United States, 64% owned their own living quarters, 55% had at least two TV ...
From 1972 to 1978, industrial productivity increased by only 1% a year (compared with an average growth rate of 3.2% from 1948 to 1955), while the standard of living in the United States fell to fifth in the world, with Denmark, West Germany, Sweden, and Switzerland surging ahead. [51]
This was a total of 10% of all land in the United States. [138] Eligibility for the last such program, in Alaska, ended in 1986. [139] The Land Office made about 100 million acres of direct sales in the western United States from 1850 to 1900, benefiting cattle ranchers and speculators.
The United States helped form a strong military alliance in NATO in 1949 including most of the nations of Western Europe, and Canada. In Asia, however, there was much more movement. The United States failed to negotiate a settlement between its ally, nationalist China under Chiang Kai-shek, and the communists under Mao Zedong.
Earlier this year, the annual World Happiness Report found that the U.S. dropped out of the top 20 ranking of happiest countries for the first time in the list’s history. Today, another report ...
Jewish women played a significant role in the American labor movement of the 20th century. Jewish mass immigration came to the United States in the early twentieth century, just as the ready-made clothing industry skyrocketed. In the Old Country, most Jewish women were married off as quickly as possible; in America, that was no longer an option.
America's economy has exploded since 1989. Gross domestic product, which measures all of the goods and services produced in a year, grew from $9.9 trillion to $22.5 trillion from 1989 to 2023 ...
In the United States, unemployment fluctuated during the 1950s, but dropped steadily during the 1960s. OECD members enjoyed real GDP growth averaging over 4% per year in the 1950s, and nearly 5% per year in the 1960s, compared with 3% in the 1970s and 2% in the 1980s.