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Day 25 The Business of America. Homework: 422-427. Calvin Coolidge President (#30). “ The chief business of Americans is business…The man who builds a factory builds a temple- the man who works there worships there”. American Industry Flourishes.
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Day 25 The Business of America • Homework: 422-427
Calvin Coolidge President (#30) “ The chief business of Americans is business…The man who builds a factory builds a temple- the man who works there worships there”
American Industry Flourishes • Coolidge - reelected in 1924 after taking over for Harding. • Low Taxes to improve profit for business • High Tariffs • Airplanes- mail carry • Lindberg, Earhart Trans-Atlantic • Pan-America- first passenger flights across Atlantic
New Culture of Auto • Automobile- Ford replaces Model T for more equipped Model A- special order • 1921 Federal Highway Act- building roads such as route 66 • Urban Sprawl- Garage and Driveways, drive to work • Use of Trucks vs. Trains for commerce • Gas Stations on roads
Standard of Living Soars • Alternating Current- Allows electricity to travel further (70% of homes) • Electrical Convenience- Washing Machine, Vacuum cleaner, sewing machine • Modern Advertising • Radio- becomes essential in home • Listerine creates “Halitosis”
Superficial Prosperity • From 1923-1929 known as the “Roaring 20’s” • Income Gap • Over supply • Buying goods on credit- installments • 10% still out of work • Severe poverty in Native American community • African Americans lose jobs to returning white soldiers • Anti- Mexican sentiment grows
Summary Questions • What was Calvin Coolidge’s main tactic to improve American Business? • What is Urban Sprawl? • What was the first non military use of airplanes? • Who was the first to cross the Atlantic by using an airplane? • What were the causes of the “superficial economy”?