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The Industrialized Democracies

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The Industrialized Democracies. Chapter 15 Section 2. America Prospers & Changes. America Plays Central Role United Nations, World Bank, and IMF headquarters in U.S. Postwar American Boom Recession Periods of economy shrinking Suburbanization Moving away from urban centers Oil Shock

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The Industrialized Democracies

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  1. The Industrialized Democracies Chapter 15 Section 2

  2. America Prospers & Changes • America Plays Central Role • United Nations, World Bank, and IMF headquarters in U.S. • Postwar American Boom • Recession • Periods of economy shrinking • Suburbanization • Moving away from urban centers • Oil Shock • OPEC decreased oil exports to U.S.

  3. Democracy Expands Opportunities • Segregation • Forced separation • Discrimination • Unequal treatment or barriers • Civil Rights Movement • Martin Luther King Jr. leads movement to gain equal rights for African Americans • Nonviolence • Government’s Role Grows • Expansion of social programs (welfare, etc.)

  4. Western Europe Rebuilds • Germany Divided & Reunited • Western powers create West Germany • Reunited w/ East after fall of USSR • West Germany’s “Economic Miracle” • Booming industrial economy built while E. Germany struggled • Welfare States • Increased government responsibility • Mix of socialism and capitalism

  5. Unifying Europe • Steps taken to unify Europe • European Coal & Steel Community • Eliminate tariffs = free trade • European Economic Community • Free trade of all products • Goals were to help Europe compete with U.S. and USSR

  6. Japan is Transformed • U.S. forced: • Constitution • Women’s rights • Land-reform • Japan became leading exporter • Educated and skilled workforce • U.S. protection

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