Business Doctrine. Return of old guard conservative Republicanism. Death of TR (1919) War Disillusionment

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1 Ch 23 The 1920 s

2 EQ s What were the promises and limits of prosperity in the 1920s? How and why did the Republican Party dominate 1920s politics? How did the new mass media reshape American culture? Which Americans were less likely to share in postwar prosperity and why? What political and cultural movements opposed modern cultural trends.

3 1920 s Weight Loss

4 Economics

5 Business Doctrine Death of TR (1919) Return of old guard conservative Republicanism War Disillusionment

6 Business Prosperity 1920 s Supply side factors Increased productivity -Taylorism -Mass production -Business innovation Technology -Oil and electricity -Improved infrastructure -Automobile production Government Policy -High tariffs -Anti labor - welfare capitalism and open shop -Government spending -Supply-side economics Easy business credit Demand side factors Stock market wealth effect -Buying on margin Easy consumer credit

7 Consumer borrowing

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20 Business Prosperity 1920 s Supply side factors Increased productivity -Taylorism -Mass production -Business innovation Technology -Oil and electricity -Improved infrastructure -Automobile production Government Policy -High tariffs -Anti labor - welfare capitalism and open shop -Government spending -Supply-side economics/low taxes Easy business credit Demand side factors Stock market wealth effect -Buying on margin Easy consumer credit What happens when you have this sort of imbalance?

21

22 Farm Problems What led to artificially high farm prices between ? How did they finance increased production? Impact of technology?

23

24

25 Other sick industries why?

26 The Politics of the Boom Warren G. Harding (died in office) Calvin Coolidge All the presidents of the 1920s were Republican Republicans also controlled the Congress Herbert Hoover

27 Warren G. Harding Newspaper magnate Fordney-McCumber Tariff (1922) Bureau of Budget Reduced income tax Pardoned Debs Ohio Gang Teapot Dome Harding is considered one of the worst Presidents in U.S. History

28 Teapot Dome

29 Calvin Coolidge Harding s VP Gov of MA Boston Police Strike Restored confidence The business of America is business. The man who builds a factory builds a temple. The man who works there worships there. When more and more people are thrown out of work, unemployment results

30 Coolidge Prosperity

31 1920 s Social/Cultural The Jazz Age

32 1920 s Politics of Prosperity s Republican position on the following and provide example: Tariffs Taxes Fiscal policy Govt regulation of business Labor

33

34 What is the symbolism of this picture?

35 Age of Automobile

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39 Consumerism

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48 Air Travel

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54 Pop Heroes

55 Jack Dempsey

56 Movies

57 At home At work Morality Divorce Activism League and NWP Women

58 Bullets 1. What are the impacts of consumerism on American culture? Bullet Bullet 2. Evaluate the importance of the automobile on the U.S. economy. Bullet Bullet 3. What was the most significant political change in 1920 s? Bullet Bullet

59

60

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62 Religion Revival on the Radio

63 Religion Modernism vs Fundamentalism Scopes Trial

64 The Lost Generation

65 Art and Architecture

66 The Harlem Renaissance Harlem Renaissance African-American literary, artistic movement express pride in African- American experience Jazz becomes popular

67 Marcus Garvey

68 Prohibition Why? Enforcement

69

70

71 Organized Crime

72

73 Nativism Reasons Catholics and Jews Prejudice Jobs Extremists

74 Quota Acts of 1921 (3%/1910) and 24 (2%/1890)

75 The Ballad of Sacco and Vanzetti

76 Sacco and Vanzetti

77 Significance?

78 $4.05 per week or 7 and 4/11 cents an hour, for 55 hours KKK Resurgence

79

80 Foreign Policy Isolationist? Five Power Treaty Four Power Treaty Nine Power Treaty Kellogg-Briand Pact What did it do? Successful?

81 Problem: The US insists that all allied war debts are repaid. Germany isn t able to pay the allies the reparations they owe; thus, how can the allies pay the US?

82 Dawes Plan

7-6: Modern Era of the 1920s

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