(S1) Unit 7: The 1920s Flashcards
Nativism
- Belief that native born WASP Americans should populate and control the country
- Immigrants and minorities should be deported or receive limited rights from the government
- KKK returns to prominence & attempts go to mainstream. Targets include Jews, Catholics, immigrants and African Americans
Isolationism
- Following WWI, the US Senate failed to ratify the Treaty of Versailles
- As a result, US wasn’t apart of the League of Nations
- Congress & public were shocked by 20 million deaths during WWI and didn’t want to be forced into another European war
Communism
•After WWI the Soviet Union (USSR) proclaimed desire to spread communism throughout the world
•Communism, as a political & economic system is opposite of the US:
- No voting
- No free speech
- No rights of the accused
-Command economy (government run)
Red scare
•In response to the Bolshevik Revolution and Soviet desire for world communism, the US government took action:
- Russian-Americans deemed a threat were deported - Communist propaganda and organizations were outlawed
Anarchists
•European political movement that grew in the aftermath of WWI
•Associated with communism
-Both movements believe that ultimately there will be no need for government
•Communism-Classless society, Anarchy-Stateless society
Sacco and Vanzetti
•Italian immigrants and anarchists
•Charged with the murder of 2 men during an armed robbery
-Public and historical dispute over their guilt or innocence
•Contradictory evidence and fair trial debate
ACLU
- Founded in 1920
* Interest group that advocates for the constitutional and human rights of individuals and groups
Xenophobia
- Discrimination against foreigners
* Based on the fear of strangers and the concern that foreigners will take jobs from native-born Americans
President Warren G. Harding
- “Return to Normalcy”
- In office 1921-1923
- Significant arms reduction under his administration
Ohio Gang
•Following Harding’s landslide victory in the election of 1920, he appointed his political allies from Ohio and major campaign contributors to key positions in the executive branch
Teapot Dome Scandal
- Secretary of the Interior, Albert Fall, was convicted of taking bribes in order to secure oil rights, including at Teapot Dome, WY, for his friends and business colleagues
- Tarnished the Harding Administration
- Soon after this, Harding dies in office (1923)
President Calvin Coolidge
- Vice president to Harding
- Took office in 1923, following Hardin’s death, and was elected in 1924
- In office 1923-1929
Return of Big Business
- Coolidge, like Harding, was pro-business and opposed many of the progressive reforms of the 1910s
- Big business regulations were permitted to expire or weren’t enforced
- big business boomed with an onslaught of new technology and products that made daily life easier
1920s Big Business Boom
- Automobiles (Model T, Henry Ford, assembly line)
- Radios
- Oil companies
- Investment banks
- Power and utility companies
- Railroad companies
- Telephones
Installment Plan
•Buying on credit
- Customer makes down payment, then pays off the remaining balance over time plus interest - Not unheard of for seller to make 150% of original price - This method of sale became widely used as middle and working class Americans began investing in the stock market and receiving dividends from their investments