BYU HIST 043 FINAL EXAM PREP ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS

BYU HIST 043 FINAL EXAM PREP ACTUAL 2025/2026 QUESTIONS AND 100% CORRECT ANSWERS 7.1 What economic struggles did citizens face after the war? How did the government attempt to alleviate these struggles? - Answer -A recession caused by the flood of soldiers in the workforce. Inflation caused by the government being less strict after the war. The fair deal was set up to combat this. There was also the GI bill Although citizens anticipated an economic recession after the war (due to the influx of workers in the job force and the transition in production from war materials to consumer goods), many did not anticipate the extreme inflation that beset the postwar economy. In order to alleviate the problem of workforce influx, the government passed the GI Bill of Rights, which offered federal aid to facilitate soldiers' reintegration into society. The bill provided veterans with loans to attend college or start businesses and offered unemployment benefits for up to a year to those unable to acquire gainful employment. In terms of the inflation problem, however, the government struggled to find a solution. It wasNeed assistance on Online classes, Exams & Assignments? Reach out for instant help!! Full Course Assistance, Plagiarism-free Essay Writing, Research Paper, Dissertation, Discussion Posts, etc…. Confidential & Secure services. Tutors are available for all subjects! Email now at: the very relinquishment of government control over the economy (that had been necessary during the war) that initiated the rise in prices and the dollar's drop in value. Workers called for an increase in wages, but Truman knew that increasing wages would only escalate the inflation problem. During Truman's second term he passed several Fair Deal policies through Congress that began to help the economy, including a raise in minimum wage, an increase in social security benefits, and the offer of loans for low-cost housing. 7.1 What was the baby boom a