Test 11/2 Flashcards
Elections of 1920s
1920 Warren Harding
1924 Calvin Coolidge
1928 Herbert Hoover
Remember
Pro-business!
Probussines
-Fed gov = laissez faire
-Mellon recieved tax reductions from ‘21-‘26
-s court knocked down anti child labor laws
Adkins v Childrens hospital, reversed muller v oregon
Remember
Union membership declined 30%
Fordney McCumber Tarriff Law
Hawley Smoot Tarriff
raised tarriff rates
Esch Cummings Transp Act of 1920
Allowed for private consolidation of railroads and promise from ICC to respect their profitability
Harlem Renaissance
Writers, artists, intellectuals expressed black life never before seen in volume alone
Edu backgrounds included social sciences, anthropology, sociology
Twoness-legal and cultural limbo
Blacks/whites left to Europle to escape racism or escape materialistic onslaught
Women in 1920s
Did more outside home work but percent was low 20s
-white collar, female workers in most demand
Sexism: wifes earning not her own
Divorce laws favored men
Cant serve on juries
responsible for illegitimate births
Small voting turnout after 19th amendment
Immigration Quotas
Q of 1921 immigration limited to 3% of # of foreignborn persons of a nation counted in 1910 census
Q of 1924 2% based on 1890 census
Q of 1927 # for all asians n eastern/southern europeans limited to 150k all except Japanese
What did KKK have to fo w immigration Q’s
They supported bc it limited people from coming in
Prosperity of 1920s
-real wages increased 21% but corporate dividends went up 2/3
-rich 5% increased wealth from 1/4 to 1/3 n wealthiest 1% controlled 19% of all wealth
Economists thought income of 2k-4k was needed to live during ’20s but many made less than that
-number of millionaires increased 400%
Herbert Hoover
Won Election of 1928
Successful til late 1929 = economic distress
-crash of stock market=sign hard times for ’30s
“The man nobody knows”
Depicted Christ as founder of modern business
Big business
Grew from advertising, mergers, techn, sale of stock
Warren Harding
Won 1920 election Died 1923
Mourned hard
Admin was corrupt
Teapot Dome: albert fall sent to prison for takin money to lease federally owned land to oil companies
Calvin coolidge
Easily won 1924 election
Probusiness
Lowered taxes, especially corporate income taxes/personal incme txes