1920's Flashcards
what was going on during the 1920’s?
prohibition, depression 1929, feminist movement, ford model t & assembly line, organized crime- Al Capone
-lots of change, opposition and conflicts
What were some outcomes of the 1920s
economy picks up (certain parts), cars, appliances sell well, Mal distribution, mining was poor, traditional women upset over new things
Mal Distribution
uneven distribution of something, especially when disadvantageous or unfair.
Credit
OVER ALLIANCE ON CREDIT
- people spend more bc its easier
- allows people to consume more
- take out more debt
- 2 emotions on wall street: fear & arrogance
What was the effects of Prohibition?
Domestic violence (pushed by women & employers), money spent on alcohol rather than needs, showed up to work hungover, drinking intake was high & was important in daily life
What resurfaces in 1915?
The KKK:
- Anti Semitic, anti immigrant, anti catholic
- “100% Americanism” -> White and Protestant
Scopes Trial, 1920’s
Teacher caught teaching evolution,
deliberately taught to fight the law
Speakeasy’s
illegal bars during prohibition, social spaces
-Transgressive space - women would change outfits
The Great Depression
-25% unemployment rate, started 1928 after Hoover was elected
What was good about hoover
Most presidents would’ve let the depression play out but Hoover was willing to go beyond other presidents
-Strongly believed Gov. shouldn’t be in practice of direct relief to citizens
Hoover was known as:
The Great Humanitarian
- was a business man who had a successful engineering company
- was the senator of commerce
- ran for president and beat Al Smith
- a physical conservative
What else does Hoover try and do to help
- wanted to help farmers with mortgages, tried to do price support and use government buying power
- initiates public works projects (roads, bridges)
- cnt budget his projects
What did he sign and what was the outcome?
He signs “Reconstruction Finance Act” for 8-9 Million when they needed billions
-gave loans to businesses and states for reliefs leaving them ultimately responsible.
What did hoover decide to raise?
Decided to raise tariffs to protect domestic industry, ended up hurting trade
-Global high tariffs = less trade
What president takes over after Hoover and what does he do?
Roosevelt takes office and realizes people are panicking and tries to reassure people
-he’s more practical and pragmatic, willing to try new things