Average salary $4,743 Federal debt $290.5 billion Population 177,830,000 Unemployment 3,852,000 Teacher's Salary $5,174 Minimum Wage $1.00 New house cost $12,700.00 Gallon of gas was 25 cents New car was $2,600.00 Life Expectancy: Males 66.6 years, Females 73.1 years Barbie dolls, were introduced by Mattel in 1959. Hasbro also came up with G. I. Joe, 12 inches tall and the first action figure for boys. Fellows had crew cuts and bouffant hairstyles for the ladies. Electric toothbrush was invented Zip codes were a new thing the age of the Hippie is born
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Two days after sealing off free passage between East and West Berlin with barbed wire, East German authorities begin building a wall-The Berlin Wall --to permanently close off access to the West. For the next 28 years, the heavily fortified Berlin Wall stood as the most tangible symbol of the Cold War --a literal "iron curtain" dividing Europe."
Containment was a United States policy to prevent the spread of communism.
The Domino Theory was promoted at times by the U.S. government. The theory was that if one state in a region came under the influence of communism, the surrounding areas would follow in a domino affect.
The U-2 incident was precipitated during the Cold War on 1 May 1960, during the presidency of Dwight Eisenhower and during the leadership of Soviet Premier Nikita Khrushchev, when a United States U-2 spy plane was shot down over the airspace of the Soviet Union.