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Rise of the suburbs in the mid-late 1900s

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Rise of the suburbs in the mid-late 1900s

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In the 1960 the rate of homeownership was 62% . This is due to the increased financial security the nation had following WW2 . The desire to move past the poverty that the generation's parents had to endure during the Great Depression was also an important factor.

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Johnson's Great Society was a failed attempt to bring about equality and prosperity to the Country. Funding for the Great Society was quickly diminished by the war in Vietnam, leaving Johnson's program behind. However the creation of Medicare, Medicaid, and Social Security cut the number of people living in poverty in half.

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The American South became the hotspot for industry in the 1970s. Funding was put into university and industry research rather than public education that would've been accessible to the lower-class though white, middle-class continued to prosper.

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High interest rates made American farmers go even further into dept, leading to a spike in farm foreclosures.

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Not only did the belief that making tax cuts to the upper-class would help economics growth/ Reganomics, leave the economy blooming with unemployment and gas prices on the decline, the industrial average more than doubled during his presidency as well.