Economics in 1960 Over 80 percent of the goods and services purchased by U.S. consumers each year are made in the United States; the rest are imported from other nations. In addition to spending by private households and businesses, government agencies at all levels (federal, state, and local) spend roughly an additional $1.5 trillion a year. In total, the annual value of all goods and services produced in the United States, known as the Gross Domestic Product (GDP), was $9.25 trillion in 1999. Those levels of production, consumption, and spending make the U.S. economy by far the largest economy the world has ever known—despite the fact that some other nations have far more people, land, or other resources. Through most of the 20th century, U.S. citizens also enjoyed the highest material standards of living in the world. Some nations have higher per capita (per person) incomes than the United States. However, these comparisons are based on international exchange rates, which set the value of a country's currency based on a narrow range of goods and services traded between nations. Most economists agree that the United States has a higher per capita income based on the total value of goods and services that households consume President John F. Kennedy (1961-1963) ushered in a more activist approach to governing. During his 1960 presidential campaign, Kennedy said he would ask Americans to meet the challenges of the "New Frontier." As president, he sought to accelerate economic growth by increasing government spending and cutting taxes, and he pressed for medical help for the elderly, aid for inner cities, and increased funds for education. Many of these proposals were not enacted, although Kennedy's vision of ... ... middle of paper ... ...ot enacted; one proposal that was, however, created the Peace Corps, which sends volunteer Americans overseas to assist developing countries in meeting their own needs The 1960s were a period in which the American people began to express a growing concern about the natural and human environment -- from the need to preserve natural lands to avoiding the dangers of air and water pollution. The federal government enacted many regulations to protect the quality of life. In the late 1950's and early 1960's, interest in stimulating economic growth and in the sources of growth led to the development of official input-output tables, capital stock estimates, and more detailed and timely State and local personal income estimates. In the late 1960's and 1970's, accelerating inflation prompted the development of improved measures of prices and inflation-adjusted output.
John F. Kennedy was the President of the United States from 1961 to 1963. Shortly after taking over in office he gave an inspiring speech during a News Conference held on April 10, 1961, to discuss the inflation of steel prices and the impact it had on the American people.
It was on January 20th 1961 that John F Kennedy gave his inaugural address after winning the presidential race and beating future president Richard Nixon. President, John F Kennedy in his speech, The Inaugural Address, he describes his plans for growth in America. Kennedy’s purpose is unite the people of the U.S. and bring everyone together for the good cause of promoting growth in the country. He creates a very inspirational tone in order to establish a connection with the U.S. people. In his speech Kennedy really used several rhetorical strategies of persuasion to motivate and persuade the U.S. people that they made the right choice in choosing him.
The Island of Mocha in the video is an example of a traditional economic system evolving into a market system. Every person plays a key role in this traditional system. They had fisherman, coconut collector, melon seller, lumberman, barber, doctor, preacher, brownies seller, and a chief. The Mochans got sick of trading goods all across the island just to get the things that they want or needed. The Chief decided that they would use clam shell for currency instead of trading.
The sixties was a decade filled with major political debates that affected the entire country. By the time the sixties came around we were in the most turbulent part of the Cold War, an era of military and political tension between the United States and the Soviet Union. As Dwight Eisenhower brought the fifties to a close it was time for a new president to take hold of the reigns. As the country closed in on one of the closest elections in history it was up to Democratic candidate, John F. Kennedy to compete agains...
His Inaugural address offered the memorable injunction: "Ask not what your country can do for you--ask what you can do for your country." As President, he set out to redeem his campaign pledge to get America moving again. His economic programs launched the country on its longest sustained expansion since World War II; before his death, he laid plans for a massive assault on persisting pockets of privation and poverty. This plan was named the new frontier; his ideas were used for years to come. Ke...
The 1970’s was an era of political, environmental, and technological awareness. This era provided the American people with information and inventions that would positively shape the future of the United States. Awareness brings about optimistic thinking and change. This is exactly what happened in the 1970’s. Political awareness brought about accountability for the government and politicians. Environmental awareness brought about consumer and governmental accountability in energy usage. Inventions in the 1970’s were the platform for technology age that Americans currently rely on daily.
As the President elect of the United States in 1960, John F. Kennedy aspired, to accomplish much during his presidency. Kennedy confidently called his initiatives “The New Frontier” taking on numerous major challenges. Some of the challenges were boosting the United States economy by ending a recession and promoting growth in the economy, aiding third world countries by establishing the Peace Corps sending men and women overseas to assist developing countries in meeting their own necessities. Additional challenges were too built-up the United States National Defense and furthered the National Aeronautics and Space Agency (NASA) programs. Kennedy had designed an ambitious legislative agenda for the preceding years of his term. Tragically, John F. Kennedy, himself did not live to see the majority of his New Frontier enacted. However, with the enactment in 1964-1966, of Kennedy’s agenda during his final year, he acquired the respect, as a liberal force for change, following his death (U.S. Department of State, n.d.).
As emblematic representatives of their country, U.S. Presidents exercise their beliefs and concepts regularly through the use of eloquence. John Fitzgerald Kennedy was elected president of the United States in 1960. Kennedy became president during times of great danger and fear for the nation of America, and others around the globe. With Communism becoming even more popular, and large weapon’s being frequently produced all around the world, the people of America needed a new premier commander. As the youngest elected official to ever govern the White House, Kennedy wanted to show his genuineness as a ruler, and verify that his presidency would lead to great hope and a future.
unexpected death of the president left the American citizens in shock. In need of stability, the next president Lyndon B. Johnson was sworn in. Johnson’s determination to carry on John F. Kennedy’s legacies fueled his desires to combat poverty, to offer healthcare, and to expand social reforms of the New Deal which helped shape his idea of the “Great Society.”
Following Lyndon B. Johnson’s landslide win in the Presidential election of 1964, “Post-New Deal liberalism reached its high-water mark with a flood of federal legislation and a series of Supreme Court decisions that bolstered democratic rights and expanded the role of government in promoting social well-being. ” However, a new form of conservatism was culminating and would eventually put a wedge in the seemingly solid liberal platform. This gave rise to a new way of thinking that Americans grasped onto and dominated the political sphere for years to come. The New Right gained support and discredited the existing liberal agenda by exploiting the frustrations that many Americans had over the continuation of the war in Vietnam and the unrest at home domestically. Lyndon B. Johnson became President after then President John F. Kennedy was assassinated on November 22, 1963.
The Great Society and the New Frontier had many vital ideals that show the difference in LBJ and JFK’s domestic political reform principles. Kennedy’s New Frontier approach was very hopeful for Americans; it inspired many movements and political reforms. However, Johnson’s Great Society approach was more about instilling the ideas he had with the creation of several acts. For example, JFK brought up promises for federal funding of education, medical care for the poor and elderly, equal rights for women and African Americans, and financial aid for redevelopment in the Appalachian area. Although JFK brought up these goals, he was more focused on foreign policy and even with
There is many decades that people would call the Decade of change but the 1960’s is the decade that changed the most. The 60’s was a very crazy and wild time because of the historical events that happened. Everyone was starting to experiment with LSD and Other kinds of drugs. There was also a huge surge of musical history that had happened in the 60’s that changed the History of music forever. The 60’s is what I like to call the best decade in history. The 60’s is the decade of change because of the political, technological, and Musical advances that happened in America. The music industry went from poor to the number one hit in America. The technology went from nothing to systems that would change the world, and last but not least America went from a place where blacks were not accepted to everyone getting along. It is crazy to see how the 60’s changed the history of America.
During John F. Kennedy’s political campaign, there were many issues present that the candidate had to address: there was tension due to the communist threat, tension among American citizens due to the Civil Rights movement, and a recent recession that was very sluggish in recovering. Relating to these issues President Kennedy’s slogan was “getting America moving again”; these topics are addressed in a fast and effective manner in his minute-long television ad that was endorsed by the group: Citizens for Kennedy-Johnson. This ad was the best way to reinforce President Kennedy’s stance on the emergence of a new frontier. He was able to depict himself as a man of change and new beginnings due to his fresh perspective and young age which was a
On January 20th, 1961, John Fitzgerald Kennedy gave a speech to the nation, which encompassed a new vision for the country with a new generation. That speech was JFK’s Inaugural Address. As the new 35th president, JFK was the youngest president to enter the oval office at the age of forty-three ("Inaugural Address."). The nation was still in in the process of healing after World War II. In the eyes of the masses, John Fitzgerald Kennedy was a breath of fresh air for the American People. He was a youthful president, with his youthful image; he was able to rally the younger generations with a progressive vision. This speech was a message to the nation in which JFK outlines a new direction for The United States by securing it’s freedom, being a competitive nation in all aspects, and rallying the citizens behind the government.
The 1960’s and early 1970’s were a time that eternally changed the culture and humanity of America. It was a time widely known for peace and love when in reality; many minorities were struggling to gain a modicum of equality and freedom. It was a time, in which a younger generation rebelled against the conventional norms, questioning power and government, and insisting on more freedoms for minorities. In addition, an enormous movement began rising in opposition to the Vietnam War. It was a time of brutal altercations, with the civil rights movement and the youth culture demanding equality and the war in Vietnam put public loyalty to the test. Countless African-Americans, Native-Americans, Hispanic-Americans, women, and college students became frustrated, angry, and disillusioned by the turmoil around them.