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The Roaring ’20s and the Great Depression

The Roaring ’20s and the Great Depression. 1920-1940. AMERICA BECOMES MODERN. First census to indicate Majority of America lived in urban areas-split between urban and rural. Creation of “generation gap” and “juvenile delinquency”-split between old and young.

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The Roaring ’20s and the Great Depression

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  1. The Roaring ’20s and the Great Depression 1920-1940

  2. AMERICA BECOMES MODERN • First census to indicate Majority of America lived in urban areas-split between urban and rural. • Creation of “generation gap” and “juvenile delinquency”-split between old and young. • Major shift in ethnic trends brought on by immigration laws. • Movement of African-Americans to urban North.

  3. CULTURE WARS • Nativism • Ku Klux Klan • Fundamentalism • Scopes Trial • Youth Movement • Flappers • Organized Crime • Prohibition • Race and Ethnicity • Immigration Act of 1921 and 1924 • Harlem Renaissance • http://www.u-s-history.com/pages/h1398.html • http://webtech.kennesaw.edu/jcheek3/roaring_twenties.htm

  4. CONSUMERISM • High Employment • Commercial Credit • Rise of Madison Avenue • The “hard sell” • Mass marketing • Low Savings Rates • New Consumer Luxury Items • http://www.digitalhistory.uh.edu/database/article_display.cfm?HHID=454

  5. WARREN HARDING • President (1921-1923) • “Normalcy” • Corruption • TeaPot Dome • Daugherty and Liquor • Affairs • Died in Office • http://www.whitehouse.gov/history/presidents/wh29.html • http://www.infoplease.com/ce6/history/A0848032.html

  6. CALVIN COOLIDGE • President (1923-1929) • Called “Silent Cal” • Caretaker President • Support based on prosperity • http://www.whitehouse.gov/history/presidents/cc30.html

  7. HERBERT HOOVER • President (1929-1933) • Engineer and philanthropist • Secretary of Commerce under Harding and Coolidge. • President at the start of the Great Depression and believer in “Volunteerism”. • http://www.whitehouse.gov/history/presidents/hh31.html

  8. 1920s ECONOMIC POLICY • Sec. of Treasury Andrew Mellon • Believed in “trickle-down” economics • Cut or eliminated taxes for rich • Heavy investment in stocks • Protective tariffs • http://www.few.eur.nl/_few/people//smant/m-economics/crash1929.htm

  9. THE GREAT DEPRESSION • Contributing Factors • Maldistribution of Income • Protective tariffs • Overinvestment in Stocks • Sick industries • High debt/low savings • Money Supply • Started in October 1929 • Reached worst point in 1933 with 24.9% unemployment • http://www.huppi.com/kangaroo/Timeline.htm

  10. FRANKLIN ROOSEVELT • President (1933-1945) • Well-liked. • Promised “New Deal” but had few specifics • Influenced by Progressives • Paraplegic • http://www.whitehouse.gov/history/presidents/fr32.html

  11. 1st NEW DEAL • First term • Most Dynamic Period of Legislation • Focused on Relief, Reform, and Recovery • 21st Amendment • Civilian Conservation Corps • Tennessee Valley Authority • Agricultural Adjustment Act • National Industrial Recovery Act • Securities and Exchange Commission • Federal Depositors Insurance Corporation • http://history.sandiego.edu/gen/20th/1930s/newdeal.html

  12. CHALLENGERS • Conservatives • Socialists • Southerners • Politicians • Huey Long • Father Charles Coughlin • Dr. Francis Townsend • Supreme Court • Schechter v. US • Butler v. US • http://us.history.wisc.edu/hist102/lectures/lecture20.html

  13. 2nd NEW DEAL • 2nd Term • Focused more on dealing with critics and helping labor • Social Security Act • Fair Labor Standards Act • 2nd AAA

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