The 1948 United States Presidential Election is considered apart from being one of the biggest electoral upsets in American history, the start of an era of great economic prosperity and growth of the United States as a superpower in the land of politics.
After winning the election then President elect Harry S. Truman implemented and oversaw various policies in order to contain and stop the influence of communism around the world which culminated in the entry of the United States in the Korean war.
During this time period President Truman also oversaw the approval of NSC 68, a secret statement of foreign policy. Which sought to increase the defense budget and in turn increase the military prowess of the US and weaken the Soviet Union's influence as much as possible.
The results of the 1948 Presidential Elections also influenced the reform of civil rights in the US, more specifically voting rights and fair employment rights, these reforms also had a key role in ending racial segregation in the armed forces.
Rapid economic growth generated vast wealth during the Gilded Age.
New products and technologies improved middle-class quality of life.
Industrial workers and farmers didn't share in the new prosperity, working long hours in dangerous conditions for low pay.
Gilded Age politicians were largely corrupt and ineffective.
Most Americans during the Gilded Age wanted political and social reforms, but they disagreed strongly on what kind of reform.
Most of the members of the Republican Party, guided by Abraham Lincoln, were supportive of abolishing slavery. On economic thought they supported conservatism and corporate freedom. Being pro-business, they supported the gold standard, railroad expansion and later, foreign policy expansion.
14. theoretical
15. equate
16. sustain
17. restrained
18. intervention
