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In 1980, the American standard of living was the highest among the industrial countries, according to the OECD. Out of the 85 million households in the United States, 64% owned their own living quarters, 55% had at least two TV sets, and 51% had more than one vehicle.
This was a total of 10% of all land in the United States. [138] Eligibility for the last such program, in Alaska, ended in 1986. [139] The Land Office made about 100 million acres of direct sales in the western United States from 1850 to 1900, benefiting cattle ranchers and speculators.
In 1921, the United States Congress passed the Emergency Quota Act, which established national immigration quotas limiting immigration from the Eastern Hemisphere. The quota for each country was derived by calculating 3 percent of the number of foreign-born residents of each nationality who were living in the United States as of the 1910 census ...
The United States is a country primarily located in North America. Demographics of the United States concern matters of population density, ethnicity, education level, health of the populace, economic status, religious affiliations, and other aspects regarding the population. American population 1790–1860
Social class is an important theme for historians of the United States for decades. The subject touches on many other elements of American history such as that of changing U.S. education, with greater education attainment leading to expanding household incomes for many social groups.
America's economy has exploded since 1989. Gross domestic product, which measures all of the goods and services produced in a year, grew from $9.9 trillion to $22.5 trillion from 1989 to 2023 ...
The United States exited recession in late 1949, and another robust expansion began. This expansion coincided with the Korean War, after which the Federal Reserve initiated more restrictive monetary policy. The slowdown in economic activity led to the recession of 1953, bringing an end to nearly four years of expansion. May 1954– Aug 1957 39 ...
Standard of living is the level of income, comforts and services available to an individual, community or society. A contributing factor to an individual's quality of life , standard of living is generally concerned with objective metrics outside an individual's personal control, such as economic , societal, political, and environmental matters ...