HST 296 Chapter Notes - Chapter 5.3: Nylon, Polymer Chemistry
Document Summary
Suburbs flourished with the development of transportation such as buses, trains and automobiles. America"s population of people living in suburbs doubled to 74 million. Originally, home loans were half the cost of the house then up to 5 years of mortgage payments, that changed after the depression, now it"s a small deposit and 20+ years of mortgage payments. New deal"s federal housing policy helped 11 million people buy homes and over. After ww2 the housing federation provided even more generous loan to returning gi"s. Automobile was the greatest thing invented since the wheel. Owners of these no longer needed public transportation. Automobile and home sales boomed in the 1950"s. By mid-1970"s there was almost 1 car for every two people. In china this ratio was 1 car per 1000 people. Interstate highway act of 1965: 40,000 miles of interstate were constructed at the cost of the taxpayers.
