Economy after 1945

AP US History· difficulty 4/5

The GI Bill (1944, expanded postwar)

  • A

    Provided returning veterans with education benefits, low-interest home loans, and unemployment insurance

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  • B

    Was a major tax law that raised income taxes on returning veterans to fund postwar reconstruction in Europe

  • C

    Was a proposed veterans benefits program that Congress rejected, leaving WWII veterans without federal assistance

  • D

    Was a benefits package available to all civilians regardless of military service, funded through new payroll taxes

Explanation

Expanded the middle class significantly, though benefits were unevenly distributed by race.

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