Explanation:
Red Guards, in Chinese history, groups of militant university and high school students formed into paramilitary units as part of the Cultural Revolution (1966–76). These young people often wore green jackets similar to the uniforms of the Chinese army at the time, with red armbands attached to one.
As the Cold War unfolded in the decade and a half after World War II, the United States experienced phenomenal economic growth. The war brought the return of prosperity, and in the postwar period the United States consolidated its position as the world's richest country. Gross national product, a measure of all goods and services produced in the United States, jumped from about $200 thousand-million in 1940 to $300 thousand-million in 1950 to more than $500 thousand-million in 1960. More and more Americans now considered themselves part of the middle class.
The growth had different sources. The automobile industry was partially responsible, as the number of automobiles produced annually quadrupled between 1946 and 1955. A housing boom, stimulated in part by easily affordable mortgages for returning servicemen, fueled the expansion. The rise in defense spending as the Cold War escalated also played a part.
The Populists demanded an increase in the circulating currency which was to be achieved by the unlimited coinage of silver, government ownership of the railroads to prevent monopolies, the direct election of U.S. senators, and other measures designed to strengthen political democracy and give the farmers economic parity with the larger business powerhouse.
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