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American money and manufactured goods flooded into Europe, South Korea, and Japan and helped in their reconstruction. US manufacturing dominance would be almost unchallenged for a quarter-century after 1945. The American economy grew dramatically in the post-war period, expanding at a rate of 3.5% per year between 1945 and 1970.
1960 – U-2 incident, wherein a CIA U-2 spy plane was shot down while flying a reconnaissance mission over Soviet Union airspace 1960 – Greensboro sit-ins, sparked by four African American college students refusing to move from a segregated lunch counter, and the Nashville sit-ins, spur similar actions and increases sentiment in the Civil Rights Movement.
The Fifties (1993) is a history book by David Halberstam centered on the decade of the 1950s in the United States.Rather than using a straightforward linear narrative, Halberstam separately profiles many of the notable trends and people of the post-war era, starting with Harry S. Truman's stunning presidential victory in 1948 against Thomas E. Dewey.
The 1950s (pronounced nineteen-fifties; commonly abbreviated as the "Fifties" or the "' 50s") (among other variants) was a decade that began on January 1, 1950, and ended on December 31, 1959. Throughout the decade, the world continued its recovery from World War II , aided by the post-World War II economic expansion .
An American family watching television together in 1958. The 1950s are known as the Golden Age of Television by some people. Sales of TV sets rose tremendously in the 1950s and by 1950 4.4 million families in America had a television set. Americans devoted most of their free time to watching television broadcasts.
Percent change from preceding period in real GDP (annualized; seasonally adjusted) Average GDP growth (1947–2009) U.S. unemployment rate, 1948–1959 The recession of 1953 was a period of economic downturn in the United States that began in the second quarter of 1953 and lasted until the first quarter of 1954.
The book is written by William Hitchcock, a historian who studies modern European history and Cold War history. [1] Hitchcock spent eight years researching and writing the book, using archives from the Eisenhower Presidential Library, the National Archives at College Park, the Library of Congress, and the Miller Center for Public Affairs.
0–9. 1950 in the United States; 1950s American automobile culture; 1950s House; 1950s–1960s North American drought; 1951 in the United States; 1952 in the United States