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CHAPTER THIRTY FIVE: AMERICAN LIFE IN THE ROARING - page 17 / 20

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CHAPTER FORTY:  THE COLD WAR BEGINS

Economic Problems – 1946-47

Strikes - automotive & coal industries

Taft Hartley Actpassed by Republican Congress over Truman’s veto

-outlawed “closed shop”

-made unions liable for damages

-union members to take non-communist oath

Employment Act – 1946-created Council of Economic Advisors

-goal of maximum employment & production

Serviceman’s Readjustment Act = G.I. Bill$ for college for veterans

Veteran’s Administration$ for homes, farms, businesses

Yalta Conference – 1945Stalin, Churchill, FDR

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free elections for Poland, Bulgaria, Romania

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gave USSR some territory in Pacific

Bretton Woods Conference- created IMF & World Bank

San Francisco Conference- regarding United Nations

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created Security Council of “Big 5” w/ right       to veto

** helped preserve peace in Iran & Kashmir

** created Israel

GERMANY

Nuremburg Trials12 hanged, 7 sentenced

Divided into zones of occupationFrance, Britain, USA, USSR

Berlin Airlift – 1948Soviets had cut rail & road access

Truman airlifted supplies

COMMUNISM

Containment Doctrineorchestrated by George Kennan to contain communism

Truman Doctrine – 1947- aid to Greece & Turkey to fight communism

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unlimited support against communist aggression

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threat exaggerated due to fears of return to isolationism

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