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Chapter 8 – Normalcy and Good Times. Remember the Progressive Presidents?. Teddy Roosevelt (1901-1908) William Howard Taft (1908-1912) Woodrow Wilson (1912-1920). Normalcy and Good Times. Review of America after World War I (Ch 7.)
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Remember the Progressive Presidents? • Teddy Roosevelt (1901-1908) • William Howard Taft (1908-1912) • Woodrow Wilson (1912-1920)
Normalcy and Good Times • Review of America after World War I (Ch 7.) • Nativism – a strong preference for Native born Americans led to discrimination against recent immigrants – (even though all except Native Americans were immigrants) • Women’s Suffrage – The 19th Amendment (ratified in 1920) completely changed the way that women perceived themselves and acted. • Prohibition – The 18th Amendment (ratified in 1919) didn’t stop folks from drinking...instead good people began to have a contempt for the law (speakeasies, boozing. gambling, and prostitution) • Fundamentalists vs Science (Scopes Trial) • Big City Liberalism vs Small Town Conservativism(Drummond v Brady) • Harlem Renaissance – Urban African Americans create a culture and gain pride
Presidential Politics of the 1920’s • Warren G. Harding (1920 – 1923) • Calvin Coolidge (1923 – 1928) • Herbert Hoover (1928 – 1932)
“Do Nothing” Presidents of the 1920’sThese 3 guys believed in Laissez Faire economics • Warren G. Harding (1920 – 1923) • Calvin Coolidge (1923 – 1928) • Herbert Hoover (1928 – 1932)
Define… • In your book find the definition of lassiez-faire economics… • Write the definition from the book. • Write the definition in your own words. • Make a political cartoon (stick figures okay) of lassiez-faire economics happening today.
“Do Nothing” Presidents of the 1920’s • These 3 guys believed in Laissez Faire economics- • Laissez faire economics means that the government stays out of the economy and doesn’t concern itself with “bail-outs, welfare, unemployment insurance, scholarships for low-income students, disabled bathroom facilities, handicapped ramps, etc…
Quickwrite… • 2 sentence minimum • Do we still practice Laissez Faire economics today? • Think of the bank bailouts, financial regulation, etc.
Warren Harding - 1920 - 1923 • After rejecting the Treaty of Versailles and the interventionist policies of Democrat Woodrow Wilson… • America turned to Republican Warren Harding in the election of 1920… • Harding campaigned on the slogan “Return to Normalcy” (after the WWI years).
Scandal in the Harding Administration • Harding appointed several friends and close associates to key positions in his administration… • Many of these “friends” took advantage of their positions and used inside information to make money for themselves. • Harding’s presidency is known as one of the most corrupt in the nation’s history. • In 1923 Harding became the 6th president to die in office.
Vice President Calvin Coolidge Takes Over • As President Calvin Coolidge distanced himself from the corruptness of Harding and restored confidence and trust to the Presidency.
Calvin Coolidge • Fired the corrupt advisors of the Harding administration. • Favored small government. • Favored business interests.
A Growing Economy • The American Economy grew to record levels during the administrations of Harding and Coolidge, but the Stock Market Crash and the Great Depression are just around the corner.
Andrew Mellon • Under Treasury Secretary Andrew Mellon the government implemented policies that helped the stock market boom • Mellon’s Goals • Balance the budget • Reduce the government’s debt • Cut taxes • U.S. govt. budget fell from $6.4 billion to $3 billion in just seven years
Andrew Mellon • Big expense on budget is national debt • WWI debt went from $5.7 billion to $26 billion • Mellon’s policies – Supply Side Economics • High taxes actually reduced amount of money the government brought in – if business and individuals paid less taxes they would have more money to spend • This would actually earn more money in tax revenue for the government • Able to convince Congress to drastically reduce tax rates
Herbert Hoover • Secretary of Commerce under Calvin Coolidge • Cooperative Individualism • encouraged manufacturers and distributors to form their own trade associations – eventually share this info with the govt. • Believed this would increase economic efficiency
Isolationism • President Harding declared the U.S. involvement in the League of Nations “deceased” • Americans tired of being involved internationally (Europe) favored “isolationism” • U.S. too important economically to not be involved • Total isolation was impossible
The Dawes Plan • Europe in trouble – can’t pay back all of their war debt • U.S. had high tariffs on European goods • Europe wanted U.S. to bear more of a financial burden for the war • U.S. didn’t want tax payers to assume debt of other nations • Germany was also paying back $33 billion • Crippling the German economy
The Dawes Plan • Charles G. Dawes – American Banker/Diplomat • Negotiated and agreement with France, Britain, and Germany where American Banks would loan German’s money • Britain and France would accept less and Germany would begin to pay money back • Plan worked a little bit – didn’t solve major problems • Germany paid some money back – not all • Printed lots of money – Hyperinflation • Went deeper into debt
Think about the U.S. isolationist policies and the Dawes plan; how do they apply to the cartoon? 3 sentence minimum
POP QUIZ • Number 1-5 in your notes • Write down the letter and the letter (you don’t have to write the question or the answer) • Stop whining… you’re not being graded
What organization was formed in the 1920s to ensure that the individual rights of citizens were protected from government abuse? A House Un-American Activities Committee B American Civil Liberties Union C American Liberty League D United Services Organization
Why did the number of votes cast in the U.S. Presidential election rise by 8.2 million from 1916 to 1920? A The Nineteenth Amendment gave millions of women the right to vote. B The people were excited about voting on the issue of Prohibition. C Demobilization of the military released millions of men for voting. D Warren G. Harding’s call for “normalcy” energized the voters.
Zora Neale Hurston and Langston Hughes had which of the following in common? A They were leaders involved with the 1960s civil rights movement. B They were initial members of President Franklin Roosevelt’s Black Cabinet. C They were writers associated with the Harlem Renaissance. D They were outspoken opponents to U.S. involvement in Vietnam.
The primary objective of Harlem Renaissance writers was to A encourage militant protest among African Americans. B support educational programs for African Americans. C improve literacy rates among African Americans. D generate pride in African-American culture.
Which of these was an outgrowth of mass production techniques used during the 1920s? A an increase in the advertising industry B a decrease in the need for female workers C an increase in environmental protection laws D a decrease in demand for unionization
8.2 and 8.3 Assignment…due Fri. • Chapter 8.2 • Define in your own words: • Mass production • Assembly line • Welfare Capitalism • Open Shop • Read Chapter 8.2 and answer questions 2-5 on page 455 • Chapter 8.3 • Define in your own words: • Supply-side economics • Cooperative individualism • Isolationism • The Washington Conference and Kellogg-Briand Pact • moratorium • Read Chapter 8.3 and answer questions 3 and 4 on page 459