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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 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 .
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.
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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.
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 ...
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