Social--introduction of television, more availability of cars, suburban life, teenager culture, rock n' roll.
Economic--increased consumer products, more jobs available, increased numbers of middle class, global demand for US products.
The 1950s were a great decade for white, middle-class families. They were able to buy homes, cars, and consumer products while sending their kids to school and moms staying home. However, minorities and lower classes did not enjoy the benefits of the 1950s culture and economy.
True. Historical information should be routinely reviewed for accuracy
The Federal Reserve is responsible for money related arrangement for the United States. Fiscal arrangement needs to do with controlling the supply of cash to either help the economy or moderate it. For this situation, the economy is not doing all around ok.
