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President Warren G. Harding. Foreign Policy Isolationism – avoiding political or economic alliances with foreign countries Raised tariffs to a new high; discouraged competition with American goods Angered Europeans who needed to pay off war debts to us U.S. lowered the amount of some debts.
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President Warren G. Harding • Foreign Policy • Isolationism – avoiding political or economic alliances with foreign countries • Raised tariffs to a new high; discouraged competition with American goods • Angered Europeans who needed to pay off war debts to us • U.S. lowered the amount of some debts
National Origins Act of 1924 • Puts quota on immigrants coming in; some countries lower than others
Albert B. Fall/Teapot Dome Scandal • The Teapot Dome Scandal • Corruption in Harding’s administration • Secretary of Interior gives oil drilling rights to oil company and gets $300,000 in return
President Calvin Coolidge • Harding dies; Coolidge Vice-President • Laissez Faire • Felt government should keep to themselves and not interfere with businesses • Contributed to stock market collapse
Prompt #5 Draw a flow chart of the political events and situations during the late 1910s and 1920s. USE NOTES.
Video Discussion • What was the economy generally driven by during this time? • Consumers (a consumer economy) • What new influences were affecting the economy at this time? • Electricity, advertisements, automobile, CREDIT, radio • What impact did the automobile have on the country? • Connected the country (ROADS & MOTELS), vacations, road side advertising
Henry Ford • Invented “horseless carriage” • 1903—began his own car company • 1908—sold Model T • Dream: produce more cars and sell at a price ordinary people could afford • Improved the assembly line • Turned out a car every 24 seconds!
Assembly Line Race Team 1: • Each person does their own job • 4 jobs total • DO NOT DO ANY OTHER PERSON’S JOB Team 2: • Each pair of people constructs the airplane • Builder & Logo Designer
Assembly Line Race Discussion • What did you notice? • If you were a businessman, which style of production would you prefer and why? • How did this ultimately affect production in the United States? (even today)
Homework • Review Guide: • Questions #7-11 • For each term/person write a SHORT PHRASE (1-5 words) that describes who or what it was • EX: Sacco and Vanzetti • EX: Marcus Garvey