Transcript Chapter 18.2

The Industrialized
Democracies
America Prospers
Dollar was world’s
strongest currency
Headquarters of U.N was
in NYC
Foreign trade because of
destruction
Many Americans
prospered
Movement to suburbs and
the sunbelt
Action movies/ Elvis
Increase in government
programs
Oil shock
Early 1970’s political
crisis in Middle East
Prices increased
Recession in 1974
Democracy Expands
Opportunities
Minorities and women
demanded equality
Legal segregation
Discrimination
Truman-desegregated
military
1954
Brown v. Board of
Education of Topeka
Dr. Martin Luther King Jr.
1963 “I have a dream”
Civil rights movement
Laws were changed
Women’s
rights movement
Under JFK and LBJ,
Medicare, housing for poor
1980’s Reagan called for
cutbacks on spending
Military
spending
increased
Increased national budget
deficit
More cuts
Western Europe Rebuilds
40yrs. Of difference in
Germany
Shot if they tried to cross
1990 German unification
W. Germany booming
industry
Britain
abandoned its
colonial empire
Recovered in 50’s/60’s
Social benefits to citizens
Welfare state
Pensions and
unemployment
Higher
taxes
Margaret Thatcher led the
conservatives in Britain
European Coal and Steel
Community
European Economic
Community
Japan Is Transformed
Most devastating damage
Gen. Douglas MacArthur
assumed all of the power from
the emperor
Parliamentary democracy
Education for all
Rights to women
Land
reform program
1952 U.S. left
Trading partners
Liberal Democratic Party
Democracy in Japan
GDP soared
Exports