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Boom to Bust: Politics and Policies

Boom to Bust: Politics and Policies . Unit 4 Lesson 3 Notes 1. What You will learn:. The government policies of the 1920s supported a “hands off” approach to the economy This resulted in an economic situation that required more government involved policies in the 1930s

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Boom to Bust: Politics and Policies

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  1. Boom to Bust: Politics and Policies Unit 4 Lesson 3 Notes 1

  2. What You will learn: • The government policies of the 1920s supported a “hands off” approach to the economy • This resulted in an economic situation that required more government involved policies in the 1930s • Prohibition and women’s suffrage were major social and political issues of the 1920s and 1930s • After World War 1, the United States decided, for the time being, to stay out of the affairs of other countries and maintained an isolationist foreign policy.

  3. Let’s Review • Since the middle of the 1800s, women had been joining together protesting for equal rights and the ability to vote. • America was busy celebrating the end of WWI, so life seemed like a party, but there were many who didn’t agree with the rebellious nature of the younger generation. • The Boom of the 1920’s lead to the Bust of the 1930’s, many Americans were left with nothing and were struggling to survive.

  4. 1920’s: Economic Policies • In 1929, President Hoover, a member of the Republican political party, was elected president. • He was the president when Black Friday occurred, followed by the Great Depression. • Hoover had a laissez-faireattitude toward the country’s economics. This meant that he believed in letting things take their own course, without interfering. • In other words Hoover had a “Hands Off” attitude. Location: data:image/jpeg;base64,/9j/4AAQSkZJR

  5. 1930’s: Economic Policies data:image/jpeg;base64,/9j/4AAQSkZJRgABAQAAAQABAAD/2wCEAAkGBxQSEhUUEhQW • In 1933 a Democratic President was voted into office, Frederick Delano Roosevelt, also know as FDR. • President Roosevelt’s philosophy was “The worst is past us; prosperity is around the corner!” • President Roosevelt believed that the country should help the citizens who were suffering due to unemployment and the loss of homes, money and possessions. • The New Deal was an economic program implemented (say aloud, or started) by FDR to help the country pull out of the Great Depression

  6. Basics of the New Deal • Government took more of a responsibility in the economy • The New Deal provided large sums of money for direct payments to needy citizens through grants (free money) to the states. • FDR’s program also established new agencies to create government-sponsored work for the unemployed (building construction, forestry labor, flood control construction) • Social Security Act: federal guaranteed payment towards citizens who retired at or after age 65.

  7. Women’s Suffrage • When the United States Constitution was written, only white men had the right to vote. Women were not allowed to vote under the law. • Women also did not have many other rights: such as the right to own property or to be educated for certain jobs. • Women’s Suffrage was a reform movement aimed at giving women the right to vote. • The 19th Amendment was passed by Congress in 1919, and became law in 1920. • - Gave women the right to vote • - “The right of citizens of the United States to vote shall not be denied or abridged by the United States or by any state on account of sex.” Location: data:image/jpeg;base64,/9j/4AAQSkZJRgABAQAAAQABAAD/2wCEAAk

  8. The Life of Women in the 1920’s and 1930’s • Many more women join the workforce • Many people still believed a woman's place was in the home • Most women found it difficult to find work except as a teacher or secretary • Some women were adventurous and became Flappers, a nickname given to modern and rebellious women during the 1920’s. • Flappers Often: Location: Location: data:image/jpeg;base64,/9j/4AAQSkZJRgABAQAAAQABAAD/2wCEAAkEhQW

  9. Prohibition • The 18th Amendment was added to the Constitution in 1920. • This amendment outlawed the selling, making, and/or transporting alcohol in the United States. • Speakeasieswere popular but illegal liquor-serving bars where you had to give a password to enter, hence the name. • Crime began to increase, and the number of gangsters increased who illegally sold alcohol. • The 18th Amendment was finally repealed (say aloud, or reversed) in 1933 because prohibition proved to cause many problems for the country.

  10. Foreign Policy • The United States’ decided to pull back from involvement in foreign economics or politics • The government began to practice Isolationism. Isolationism is a government’s policy to avoid political or economic agreements with other countries so the country stays “isolated” from other countries. • The Isolationist policy was a result of the Great Depression and the memory of tragic losses in World War I. Location: http://images.mises.org/MisesDaily/quietposter.jpg

  11. Let’s Review: • In the 1920s the government believed in a “hands off” approach to the economy • As a result of the Bust, it was obvious that the government had to get involved economically, this lead to the reform polices of the 1930s. • Prohibition and women’s suffrage became significant political issues during this era. • As a result of WWI, the United States believed it was best to not interfere with the affairs of other countries.

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