America 1920-1973Key Facts
WW2 Economic Impact — Key Facts
Part of WW2 and Post-War Boom — GCSE History
This key facts covers WW2 Economic Impact — Key Facts within WW2 and Post-War Boom for GCSE History. Revise WW2 and Post-War Boom in America 1920-1973 for GCSE History with 10 exam-style questions and 8 flashcards. This topic appears regularly enough that it should still be part of a steady revision cycle. It is section 2 of 11 in this topic. Use this key facts to connect the idea to the wider topic before moving on to questions and flashcards.
Topic position
Section 2 of 11
Practice
10 questions
Recall
8 flashcards
📊 WW2 Economic Impact — Key Facts
| Statistic | Significance |
|---|---|
| Unemployment: 14% → 1.2% | WW2 ended Depression — war production created full employment |
| 17 million new jobs | Factories ran 24/7 producing war materials |
| 6 million women in workforce | "Rosie the Riveter" — women proved they could do "men's jobs" |
| 1 million Black Americans served | Fought segregated but returned expecting equality — "Double V" campaign |
| GI Bill (1944) | 8 million veterans got free college + cheap home loans → middle class boom |
| US GDP doubled | From $100B (1940) to $200B (1945) — emerged as world's richest nation |