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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.
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.
April 1 – Charles R. Drew, African American physician, pioneer in blood transfusion, died as result of automobile accident (b. 1904) April 7 – Walter Huston, actor (b. 1883) April 11 – Bainbridge Colby, United States Secretary of State (b. 1869) April 16 – Henry J. Knauf, politician (b. 1891) April 26 – G. Murray Hulbert, politician ...
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.
The 1990s were the longest period of economic growth in American history up to that point. The collapse of the speculative dot-com bubble, a fall in business outlays and investments, and the September 11th attacks, [73] brought the decade of growth to an end. Despite these major shocks, the recession was brief and shallow. [74] Great Recession
1957 Chevrolet Bel Air convertible, one of the most iconic autos of the era [1]. The 1950s were pivotal for the American automobile industry.The post-World War II era brought a wide range of new technologies to the automobile consumer, and a host of problems for the independent automobile manufacturers.
However, shaky financial markets in the early 2000s, culminating in a financial crisis in 2008 and COVID-19, are among the many factors making the American Dream increasingly out of reach for the ...
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; 1953 in the United States; 1954 in the United States; 1955 in the United States; 1956 in the United States; 1957 in the United States; 1958 in the United States; 1959 in the ...