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Hint
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Answer
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Symbolic contest between the U.S. and USSR over which country had a better standard of living
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Kitchen Debate
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Location of an international conference that created important post-war financial organizations
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Bretton Woods
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Provided loans for reconstruction of war-torn Europe and newly independent third-world countries
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World Bank
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Stabilized currencies and provided a predictable monetary environment for trade, U.S. dollar serves as the benchmark
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International Monetary Fund
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Employed 3.5 million Americans in 1961, rooted in business-government partnerships post-WWII, always ready for war after WWII ended
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Military-Industrial Complex
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Satellite launched by the Soviet Union in 1957, causes U.S. to kick into high gear over fears that the USSR is surpassing the U.S. in technology
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Sputnik
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1958, funneled billions into American universities after USSR launches the first satellite
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National Defense Education Act
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Helped former soldiers purchase homes without a down payment, sparked a boom in construction, created jobs, and lifted consumer spending
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Veterans Administration
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Became a major factor in U.S. economic life, nation's major industrial corporations now operate with union contracts
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Collective Bargaining
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Cultural phenomenon, term used for youth in 1950s America
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Teenager
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A group of young white writers and poets in San Francisco, loved jazz and hated middle-class materialism
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Beats
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Many people have children at the same time, peaked in 1957 and saw the population explode in number
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Baby Boom
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1956, authorized $26 billion to be spent on a nationally integrated highway system, needed as there were more cars and concerns about evacuation in case of a nuclear attack
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National Interstate and Defense HIghway Act
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Southern and southwestern states, saw most of suburban living
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Sunbelt
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U.S. president (#34), spoke on the military-industrial complex at his final address to the nation. Pushed Congress to give extra money for education after USSR beats America to space
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Dwight D. Eisenhower
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Influential trumpeter who developed a "cool" variation of bebop music
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Miles Davis
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Reverend who spread affirmations of faith, became the nation's lead Evangelical preacher after his revivals and crusades were viewed by hundreds of thousands of people
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Billy Graham
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Wrote Common Sense Book of Baby and Child Care, many mothers find his new approach to raising the youth liberating
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Dr. Benjamin Spock
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Revolutionized suburban housing, applied mass-production techniques, made homes extremely quickly
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William J. Levitt
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