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The 1920s – Part I. Normalcy, Stability, & Post-WWI ‘recovery’. I. The U.S. ECONOMY After WWI. A. Immediately Following War 1. War-time Controls Lifted a. Wages b. Production of goods/Price of goods 2. Unemployment 3. Inflation. B. By 1924
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The 1920s – Part I Normalcy, Stability, & Post-WWI ‘recovery’
I. The U.S. ECONOMY After WWI A. Immediately Following War 1. War-time Controls Lifted a. Wages b. Production of goods/Price of goods 2. Unemployment 3. Inflation
B. By 1924 1. Shifts to consumer economy 2. Entertainment Industry grows
II. No more ‘Hope and Change’ A. Progressivism Ends B. Unions Grow
E. Nativism Increases F. Isolationist Policies
G. Prohibition Begins 1. 18th Amendment - effective Jan. 1, 1920 2. Volstead Act 3. ‘The Bureau’ 4. Unintended Consequences a. Lost revenues b. Rise in organized crime
III. La, La, La-La-La-La Live for Today A. Growing Disrespect for Law 1. unpopular laws (prohibition, etc) B. Relaxed Morals and Personal Conduct "They're all desperadoes, these kids, all of them with any life in their veins; the girls as well as the boys; maybe more than the boys." --- from "Flaming Youth," by Warner Fabian (Samuel Hopkins Adams)