(Class 17) The Roaring 20s Flashcards

1
Q

What was the worse political scandal until Watergate under Nixon?

A

Teapot Dome Scandal

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2
Q

Who was involved in the Teapot Dome Scandal?

A

Secretary of the Interior Albert Bacon Fall

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3
Q

What was the Teapot Dome Scandal?

A

Secretary of the Interior Albert Bacon Fall had leased Navy petroleumreserves at Teapot Dome in Wyomingand two other locations in Californiato private oil companies at low rates without competitive bidding

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4
Q

What was Welfare Capitalism?

A

Business owners found a way to meet workers demands without them turning to unions

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5
Q

What were the effects of Welfare Capitalism?

A
  • improved safety and sanitation inside factories
  • Instituted paid vacations, health plans, English classes, pension plans and other benefits
  • Encouraged loyalty to the company and discouraged memberships in labor unions
  • Told workers that trade unions were unnecessary for workers’ welfare
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6
Q

By the 1920s what was the largest single manufacturing

A

Automobiles

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7
Q

Automobile - production and impact

A
  • Automobile industry in the United States began in 1890s
  • Ford Motor Company was founded by HenryFord, on June 16, 1903
  • He located in Detroit, Michigan – all needed materials were made nearby
  • By the 1920s the automobile had emerged as the largest single manufacturing industry in the nation
  • Employed hundreds of thousands of employees
  • Also gave rise to other industries
  • Filling stations, garages, fast-food restaurants, motels
  • Glass, tires, steel, highways, oil, refined gas
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8
Q

Automobiles Part 2

A
  • By 1929: 25% of Americans worked directly or indirectly in an automobile industry
  • Changed where Americans lived
  • What work they did
  • How they spent leisure and family time
  • Many small towns disappeared in favor of distant cities and towns
  • Street cars disappeared as people turned to their autos
  • Began the migration to suburbs
  • Nothing shaped modern America more than the Automobile
  • Began with Ford and automobiles
  • Soon became standard for industry
  • Simple most repetitive tasks
  • Boosted overall efficiency
  • Between 1922 and 1929 manufacturing productivity increased 32%
  • Average wages increased only 8%
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9
Q

Prohibition - the noble experiment

A
  • Prohibition was expected to eliminate crime and improve morality
  • Instead prohibition started a 14 year period of law breaking unmatched in American history
  • The Mafia saw a sharp rise in its activity
  • The Treasury Department were in charge of enforcing prohibition which was very difficult
  • They destroyed more than 172,000 illegal stills in 1925 alone
  • Loopholes
  • Sacramental wine was permitted
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10
Q

Harlem Renaissance

A
  • A cultural, social, and artistic explosion that took place in Harlem, New York, spanned the 1920s
  • Extended beyond Harlem
  • During the time, it was known as the “New Negro Movement”
  • Produced dazzling talent
  • Writers, poets, artists
  • James Weldon Johnson – writer
  • Langston Hughes - poet
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11
Q

New Negro

A
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12
Q

Charles Lindbergh

A
  • American aviator, author, inventor, military officer, explorer, and social activist
  • In 1927, age of 25, Lindbergh became the first person to fly nonstop across the Atlantic from Long Island, New York, to Paris, France.
  • Distance of nearly 3,600 miles in a single-seat, single-engine plane, The Spirit of St. Louis
  • Became instant celebrated hero
  • Awarded Medal of Honor
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13
Q

The Flapper

A
  • 19th Amendment changed things
  • Liberated women
  • More women worked for pay
  • Increased pay made women bigger consumers
  • The Flapper emerged
  • Short bobbed hair
  • Lipstick and rouge
  • Spent freely on clothing
  • Often smoked cigarettes
  • Danced all night to wild jazz
  • The Charleston
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14
Q

Johnson-Reed Act of 1924 - immigration

A
  • Passed by Congress
  • Limits number of immigrants to no more than 161,000 a year
  • Establishes quotas for each European nation
  • Squeezed some nationalities more than others
  • Quotas reflected fear and bigotry
  • Those who backed it claimed immigration had to stop because

“America had become the garbage can and the dumping ground of the world”

  • Only wanted “good immigrants” from Western Europe
  • 62,458 could come in from England
  • 1,992 only from Russia
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15
Q

Scopes Trial

A
  • The State of Tennessee v. John Thomas Scopes (Dayton, Tennessee)
  • Commonly referred to as the Scopes Monkey Trial
  • Science versus Religion
  • Tennessee and other states banned the teaching of evolution
  • John Scopes challenged the law by teaching evolution
  • Clarence Darrow was defense lawyer
  • William Jennings Bryan was prosecutor
  • Darrow got Bryan on the stand and humiliated him – he died one week later
  • Scopes was convicted - $100 fine
  • The Movie: Inherit the Wind
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16
Q

Alfred Smith

A
  • Herbert Hoover – Secretary of Commerce – symbol of 1920s prosperity
  • Al Smith – four time governor of New York
  • Smith was child of immigrants and Catholic
  • Smith denounced immigrant quotas, opposed prohibition and signed NY’s anti-Klan bill
  • First Catholic to run for President
  • Many worried he would be beholden to Rome
  • Hoover won in landslide
17
Q

The Crash of 1929

A
  • Speculation in the stock market was enormous in the 1920s
  • Between 1924 and 1929 stock values increased 400%
  • Buying on margin was very high – small amount down
  • Margin worked if stocks went up but not if they went down
  • In autumn 1929 the market slowed and investors started selling overvalued stocks
  • Panicked selling began on October 24th – Black Thursday
  • More panicked selling began on October 29th – Black Tuesday
  • Market fell more on October 29th than any other day
  • 85% of the stock market value was lost over the next 6 months