Roaring Twenties Flashcards
What prospered and expanded?
Corporates
What new areas did business venture into?
Autos, chemicals, radio and movies, (tech)
What increased
Output and profit
What opportunities and wages increased?
Employment opportunities and wages increased
What was the economy fueled by?
Public confidence (post WWI)
What were sick industries?
Coal, textile, railroads, and agriculture
What did not rise with production?
Consumer purchasing power (inflation)
What led to over speculation in real estate and stocks?
“Get rich quick”
Labor strife
corporations
Boston Police Strike (1919)
rioting, looting, violence
What did the number of factory workers increase to?
7 million
Racial Strife
Friction in the cities
Who were angered by discrimination?
African Americans
Who feared competition for jobs?
White-Americans
How many race riots were there in 1919?
25
What did the Chicago riot start?
Starts over altercation at public beach -> six days of violence
What is Red Scare?
Fear of Communism
What were bomb scares tied to?
Radical Organizations
What were some radical organizations?
Anarchists, galleanists, and socialists
Who were the targets for the bomb scares?
Politicians, wealthy, powerful, and opponents of radicals
Who went after radicals?
Attorney general
Red Scare
Russian revolution (Bolshevik takeover)
When was the U.S. Communist party formed?
After the bloody revolution follows
Who supported African American immigrants, labor unions?
Communist party