Day 128: Politics of Boom and Bust

1. Day 128: Politics of Boom and Bust Baltimore Polytechnic Institute March 25, 2014 A/A.P. U.S. History Mr. Green

2. Politics of Boom and Bust Objectives: Students will: Explain and analyze America’s turn toward social conservatism and normalcy following World War I. Describe the cultural conflicts of the 1920s over such issues as immigration, cultural pluralism, and prohibition; and describe the rise of organized crime during the decade. Describe the rise of Protestant Fundamentalism and its apparent defeat in the landmark Scopes Trial. AP Focus Concerned about the success of the Bolshevik Revolution, the United States, Britain, and other nations send troops to participate in the Russian Civil War in the hope of toppling Lenin’s communist government. Domestically, a systematic effort to suppress Bolsheviks, or reds, is launched. A political cartoon in The American Pageant (13th ed., p. 721/14th ed., p. 771) makes it abundantly clear that leftists have no place in American life. Intolerance grows in the nation after World War I. A new and more virulent nativist strain emerges in the reborn Ku Klux Klan, which has expanded its influence across the nation. To shrink immigration from certain areas of the world, a quota system is put in place. That and the Immigration Act of 1924 dramatically reduce eastern and southern European immigration.

3. Chapter Focus Chapter Themes A disillusioned America turned away from idealism and reform after World War I and toward isolationism in foreign affairs, domestic social conservatism, and the pleasures of prosperity. New technologies, mass-marketing techniques, and new forms of entertainment fostered rapid cultural change along with a focus on consumer goods. But the accompanying changes in moral values and uncertainty about the future produced cultural anxiety, as well as sharp intellectual critiques of American life.

4. Announcements Test on March 31 over Unit 8 IDs due on April 1 ID check on Thursday March 27 Regular 5QQ on Wednesday Charts will be completed in class

5. Objective The students will be able to evaluate to what extent the following statement is accurate, “The decade of the 1920s was a period of extraordinary growth for the American economy” by analyzing trend data between 1920 and 1929

6. Drill/Warm-up: "Taxi drivers told you what to buy. The shoeshine boy could give you a summary of the day's financial news as he worked with rag and polish. An old beggar who regularly patrolled the street in front of my office now gave me tips and, I suppose, spent the money I and others gave him in the market. My cook had a brokerage account and followed the ticker closely. Her paper profits were quickly blown away in the gale of 1929.“ Bernard Baruch, former WIB director, before October 29, 1929

7. Questions for Discussion What is Bernard Baruch warning American investors about before the stock market crash on October 29, 1929? Describe what Baruch is concerned about with respect to the U.S. stock market.

8. Motivation What are some possible reasons for the stock market crash on October 29, 1929? Florida real estate bubble Buying on Margin- 100s of banks failing each year

9. Guided Practice Students will receive statistical data from the 1920s and analyze the health of the U.S. economy by describing trend data across 5 metrics As you discuss with your partner, think about the objective: To what extent was the decade of the 1920s a period of extraordinary growth for the American economy?

10. Assessment Evaluate to what extent the following statement is accurate, “The decade of the 1920s was a period of extraordinary growth for the American economy”

11. In the next lesson Impacts of the stock market crash and the effects of the Great Depression during the Hoover administration.

12. Homework Read Chapter 32 Prepare for 5 question ID quiz on Friday