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The recession of 1958, also known as the Eisenhower Recession, was a sharp worldwide economic downturn in 1958. [1] The effect of the recession spread beyond the United States to Europe and Canada, causing many businesses to shut down. [2] Officially, recessionary circumstances lasted from the middle of 1957 to April 1958. [3]
Outgoing president Dwight D. Eisenhower and President-elect John F. Kennedy at the White House on December 6, 1960. The 22nd Amendment to the U.S. Constitution, ratified in 1951, established a two-term limit for the presidency. As the amendment had not applied to President Truman, Eisenhower became the first president constitutionally limited ...
Eisenhower was born David Dwight Eisenhower in Denison, Texas, on October 14, 1890, the third of seven sons born to Ida and David. [8] His mother soon reversed his two forenames after his birth to avoid the confusion of having two Davids in the family. [9] He was named Dwight after the evangelist Dwight L. Moody. [10]
Eisenhower served as president for two full terms from January 1953 to January 1961, and was the first U.S. president to be term-limited from seeking re-election again. He had overseen a period of considerable economic expansion, even as the Cold War deepened. Three of his national budgets had been balanced, but spending pressures mounted.
The United States foreign policy of the Dwight D. Eisenhower administration, from 1953 to 1961, focused on the Cold War with the Soviet Union and its satellites. The United States built up a stockpile of nuclear weapons and nuclear delivery systems to deter military threats and save money while cutting back on expensive Army combat units.
The New Look was the name given to the national security policy of the United States during the administration of President Dwight D. Eisenhower. It reflected Eisenhower's concern for balancing the Cold War military commitments of the United States with the nation's financial resources.
As they stormed the beaches, General Dwight D. Eisenhower's confident words summed up the incredible significance of their mission: "You are about to embark upon a great crusade, toward which we ...
The Berlin Crisis of 1958–1959 was a crisis over the status of West Berlin during the Cold War.It resulted from efforts by Soviet leader Nikita Khrushchev to react strongly against American nuclear warheads located in West Germany, and build up the prestige of the Soviet satellite state of East Germany.