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Suburbia Post WWII Small Set - APUSH / US History 2019 Flashcards

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13389783883Sun Beltsouthern and western states from Virginia to California that offered a warm climate year-round, low tax rates, and jobs in the post WWII era.0
13389808668Federal Housing Administration (FHA)A federal agency established in 1943 to increase home ownership by providing an insurance program to safeguard the lender against the risk of nonpayment. Currently part of HUD.1
13389814322LevittownSuburban communities with mass-produced tract houses built in the New York and Philadelphia metropolitan areas in the 1950s by William Levitt and Sons. Typically inhabited by white middle-class people who fled the cities in search of homes to buy for their growing families.2
13389817244Great MigrationMovement of African Americans from the South to the North for jobs.3
13389820001Baby BoomA cohort of individuals born in the United States between 1946 and 1964, which was just after World War II in a time of relative peace and prosperity. These conditions allowed for better education and job opportunities, encouraging high rates of both marriage and fertility.4
13389823762GI Bill of RightsLaw Passed in 1944 to help returning veterans buy homes and pay for higher education5
13389827032Veterans Administration (VA)An agency of the federal government that guarantees residential mortgages made to eligible veterans of the military services. The guarantee protects the lender against loss and thus encourages lenders to make mortgages to veterans.6
13389834325Redlininga practice in which banks refuse to make loans to people living in certain geographic locations7
13389846145Post WWII Economic GrowthFueled by cheap energy, WWII production, Cold War Defense Spending, mechanization of agriculture.8
13389876084Growth of the SunbeltSouthern and Western states grow in the postwar years and become a "new frontier" for Americans. Growth comes due to new jobs resulting from WWII production and new technology, better climate, and lower taxes. The region would come to dominate American politics in the decades to come.9

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