By 1950, most factories had made the transition to a consumer-based economy, and more than 8 million cars were produced that year alone.
- 1950s American automobile culture: An American culture that has had an enduring influence on the culture of the United States, as reflected in popular music and mainstream acceptance of the "hot rod" culture. The American manufacturing economy switched from producing war-related items to consumer goods at the end of World War II, and by the end of the 1950s one in six working Americans were employed either directly or indirectly in the automotive industry. The United States became the world's largest manufacturer of automobiles, and Henry Ford's goal of 40 years earlier—that any man with a good job should be able to afford an automobile—was achieved. A new generation of service businesses focusing on customers and their automobiles sprang up during the decade.
- 2008 Summer Olympics: a major international multi-sport event that took place in Beijing, China, from August 8 to 24, 2008. A total of 10,942 athletes from 204 National Olympic Committees (NOCs) competed in 28 sports and 302 events (a total of one event more than the schedule of the 2004 Games). China became the 22nd nation to host the Olympic Games and the 18th to hold a Summer Olympic Games. It was the third time that the Summer Olympic Games were held in Asia, after Tokyo, Japan, in 1964 and Seoul, South Korea, in 1988. The equestrian events were held in Hong Kong, making it the third time the events of the same olympics were held under the jurisdiction of two different NOCs, while sailing was contested in Qingdao, and football events took place in several different cities.
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