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The "relative income" theory explains the baby boom by suggesting that the late 1940s and the 1950s brought low desires to have material objects, because of the Great Depression and World War II, as well as plentiful job opportunities (being a post-war period). These two factors gave rise to a high relative income, which encouraged high fertility.
United States in World War I (1917–1918) Roaring Twenties (1920–1929) Fifth Party System (1932–1980) Great Depression (1929–1939) United States home front during World War II (1942–1945) Post-World War II (1945–1964) Civil Rights Movement (1954–1968) United States in the Vietnam War (1955–1973) Sixth Party System (1980–present)
The aftermath of World War II saw the rise of two global superpowers, the United States (U.S.) and the Soviet Union (USSR). The aftermath of World War II was also defined by the rising threat of nuclear warfare, the creation and implementation of the United Nations as an intergovernmental organization, and the decolonization of Asia, Oceania, South America and Africa by European and East Asian ...
The term "baby boom" is often used to refer specifically to the post–World War II (1946–1964) baby boom in the United States and Europe. In the US the number of annual births exceeded 2 per 100 women (or approximately 1% of the total population size). [22] An estimated 78.3 million Americans were born during this period. [23]
The term baby boom refers to a noticeable increase in the birth rate. The post-World War II population increase was described as a "boom" by various newspaper reporters, including Sylvia F. Porter in a column in the May 4, 1951, edition of the New York Post, based on the increase of 2,357,000 in the population of the U.S. from 1940 to 1950.
The term usually refers to a varying period of time after World War II, which ended in 1945. A post-war period can become an interwar period or interbellum, when a war between the same parties resumes at a later date (such as the period between World War I and World War II). By contrast, a post-war period marks the cessation of armed conflict ...
The post–World War II economic expansion, also known as the postwar economic boom or the Golden Age of Capitalism, [1] [2] was a broad period of worldwide economic expansion beginning with the aftermath of World War II and ending with the 1973–1975 recession. [1]
Taft opposed most of the New Deal, entry into World War II, NATO, and sending troops to the Korean War. He was not so much an "isolationist" as a staunch opponent of the ever-expanding powers of the White House. The growth of this power, Taft feared, would lead to dictatorship or at least spoil American democracy, republicanism and civil virtue ...