What were the advantages and disadvantages of prosperity in the 1950s?

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the hollywood film industry of 1950 was threatened on several different fronts. television broadcasting was rapidly becoming the dominant entertainment medium in the united states. the paramount anti-trust consent decree requiring separate ownership for production companies and theater chains had gone into effect on 1 january 1950. large numbers of young men and women were marrying, having children, and moving to the suburbs, which affected the viability of downtown first-run movie theaters. foreign revenues were endangered by protectionist tactics including quota systems, high taxes, and blocked funds. finally, the morality and patriotism of hollywood films and filmmakers were under attack from government, religious, and citizens' groups.

explanation:

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a phrase from a poem by ralph waldo emerson about the battle of lexington and concord. emerson's words read, “here once the embattled farmers stood / and fired the shot heard round the world.”