Economic Growth in the 1920smisssmolar.weebly.com/uploads/5/7/7/9/57795111/period_4_ppts.pdf ·...

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Economic Growth in the 1920s Done by: Yulissa, Mya, Demonte, Antonio

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Page 1: Economic Growth in the 1920smisssmolar.weebly.com/uploads/5/7/7/9/57795111/period_4_ppts.pdf · Done by: Yulissa, Mya, Demonte, Antonio. Consumer revolution,Installment buying, and

Economic Growth in the 1920sDone by: Yulissa, Mya, Demonte, Antonio

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Consumer revolution,Installment buying, and Ads● Consumer revolution - a flood of new, affordable goods

became available to the public.

● Installment buying - a consumer would make a small down

payment and then pay off the rest of the debt in regular

monthly payments.

● The importance of advertising is it helps companies compare

their products, also helps companies keep their customers

and bring in new ones.

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Bull Markets and Buying Margins● A bull market is a market in which share prices are rising.

● Buying a margin is the purchase of an asset by paying themargin and borrowing

the balance from a bank or broker.

● The risk of of buying margins are amplifying losses are good

For the losses and gains at the same time in the same degree.

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Free Enterprise System ● Was a system that combined to boost the economic development of the United

States in the 1920s.

● It helped by providing jobs, the

jobs provided money for workers to

purchase many new products.

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Urban Suburban, & RuralFrancisco Tequimila

Yatziri Moreno Cyvon Carey

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United States Population in the 1920s

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City Life

The 1920s were an age of dramatic social and political change. For the first time, more Americans lived in cities than on farms. The nation's total wealth more than doubled between 1920 and 1929, and this economic growth swept many Americans into an affluent but unfamiliar “consumer society.

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Urban, Suburban, and Rural Areas● Suburban Life

○ More conservative life lifestyle○ Participated in consumer economy and

car ownership ● Importance of Transportation to Suburbs

○ Invention of automobiles allowed people to move away from crowded cities

○ Now did not have to live in cities because mass transportation allowed them to live farther away from cities ■ Could still get to job in the city.

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Urban, Suburban, and Rural Areas; Many Americans Face Challenges

● Industrial wages grew much slower than corporate salaries.

● America’s wealth was not distributed well● Farmers suffered declining incomes, growing debt,

and falling farm prices.● Americans that didn’t join in on consumer benefits

and economic gains formed a much poorer part of America.○ 1928, Created a protest song to show their anger,

“11 Cent Cotton.”■ “‘Leven cent cotton, forty cent meat, How in

the world can a poor man eat? Mule’s in the barn, no crops laid by, Corncrib empty and the cow’s gone dry.”

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New IdeasSteven Vela,Angelic Silas,Dominique Davis ,Bob Cerros

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“The Split” Compare & ContrastUrban Americans-

Enjoyed new consumers products and a wide array of leisure activities.

Showed an openness toward social change and the new discoveries of science.

Rural Americans-

Americans did not participate fully in consumer bonanza.

People in the country generally embraced a more traditional view of religious, science, and culture.

“Modernism is the growing trend to emphasize science and secular values over traditional religious beliefs.

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Formal Education

White people didn’t want send their kids to school with African American kids

Schools were split up between blacks and whites

These problems grew mostly in the south due to the fact that most african americans resided in the south, mostly in rural areas.

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Fundamentalism Fundamentalism- a form of religion,especially islam or protestant christianity ,that upholds belief in the strict literal interpretation of scripture.

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Fundamentalism and Modernism

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Scopes Trial

By: Iris Ramirez, Jillian Stepek, Francisco Gomez and Adrian Mix

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Evolution

Different living organisms that are thought to be developed from earlier forms of historic organisms.

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What is the Scopes Trial?

The scopes trial was the persecution of a teacher

named John Thomas Scopes, for illegally teaching

evolution.

The legal case took place in Dayton, Tennessee July 10, 1925.

The case was about William breaking the The Butler Act was a 1925 Tennessee law prohibiting public school teachers from “denying the Biblical account of man's origin.”

Deemed the name “Monkey Trial” because Scopes taught that humans were species of Great Apes rather than being created directly by god. The press ignorantly called it the “Monkey Trial”.

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Clarence Darrow and William Jennings Bryan

Clarence Darrow is a legendary defense lawyer. The role he played was volunteering to defend John Scopes against William Jennings in trial of schoolteacher John Scopes.

William Jennings Bryan was a lawyer and politician serving in the House of Representatives for Nebraska and Secretary of State to Wilson. His role was to support the prosecution as a bible expert.

“If they believe it [evolution], they go back to scoff at the religion of their parents.” - William Jennings Bryan

“I do not consider it an insult, but rather a compliment, to be called an agnostic. I do not pretend to know where many ignorant men are sure -- that is all agnosticism means.” - Clarence Darrow

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The outcome of the trialJohn scopes was convicted of violating the Butler Act by teaching evolution in school, Scopes was fined $100 but, it was overturned in a technicality .

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Communism both Free enterprise-a command economy -housing -a market economy-government owns farms -marketing -limited governmentBussines factories -both have education -people own bussiness factories and farms -public options for -free education education-limited choices-no rights and freedoms-soviet union-unlimited government

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Red Scare● Widespread fear of suspected communists and radicals thought

to be plotting revolution within the U.S ● -Wall street bombing of 1920

Palmer Raids

● Series of police raids leading to incarceration of

● Deported hundreds -violated liberties of America

radicals and suspected radicals

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Nicola Sacco and Bartolomeo Vanzetti

-Charged with killing two men at at hold up in a shoe

Factory.

- put in an electric chair to suffer to Death

-Immigrants were abused and also killed

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The Ku Klux KlanBy: Sean, Lily, and Michael

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When and why did the Ku Klux Klan revive?● In 1915● The original Klan had been formed in the South during Reconstruction largely

to terrorize African Americans who sought to vote● It aimed itself at the new American taking shape in the cities.● Jews, Catholics, & Immigrants.● Most were in the South, but there were some branches in the Midwest,

Northeast, and the West.

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Klan Tactics

● Boycotting businesses owned by Jewish, Catholic, or African Americans

● Burned crosses outside targets’ homes

● Terrorized citizens at night● Usually met to preach hate● “Invisible Empire”- Wore

masks to conceal identity

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Who Opposed it- Organizations such as the NAACP and

the Jewish Anti Defamation League opposed to Klan

- The NAACP ran an anti lynching campaign in 1922

- The Jewish Anti Defamation league tried to reduce the amount of racial slurs in the newspaper, and worked to reduce segregation in schools and workplaces

- People in the Klan were getting upset that women were able to join and take high positions in it

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What happened to the Klan?In 1920 the Klan was at its peak with 1.5 to 4 million members.

There are about 190 active KKK groups with 5,000 to 8,000 Klan members in the U.S.

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2 Questions

● When did the Ku Klux Klan revive?● Which groups did the Ku Klux Klan target?

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ProhibitonJulisa CastilloAhmee’L TaylorAlexis RamsellCheyenne Banegas

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Prohibition ● Prohibition: Banning alcohol ● Prohibition happen in the 1917 ● Why did Prohibiting get banned? to reduce crimes and solve social problems so

that they can improve hygiene and health ● The Eighteenth Amendment: was to distrubuing and sale of alcohol anywhere in

the us and to pass Largely on the. Strength or rural votes ● The Volstead Act : was to enforce the amendment

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Wets and DrysDrys did not want alcohol legal anymore. The believe that the impact of Prohibition would improve others. Also strengthen families and better societies. Wets did not agree with the Prohibition . The banning of alcohol did not stop the wets from drinking They argued that the Prohibition would create a negative atmosphere and increased organized crime.

The wets and drys both tried to explain their point of views on alcohol. The drys believed using corn, wheat and barley should not be used for alcohol and those goods can be used for troops. The wets wanted alcohol and didn’t follow the Prohibition.

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How did prohibition work?● Prohibition didn’t work at all. Many Americans didn’t follow the 18th

Amendment. The woman thought that it could prevent their husbands to stop creating violence towards their wives. So that’s when bootleggers came into play to sell alcohol illegally

● Bootleggers sold illegal alcohol to consumers● The impact that prohibition had on society is that during that time it was

called the “Prohibition Era”. Americns thought this would be a great idea to seize violence

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How and why did Prohibition end? ❏ In 1933, the 21st Amendment to the Constitution was passed and ratified,

ending national Prohibition. After the repeal of the 18th Amendment, some states continued prohibition by maintaining statewide temperance laws Mississippi, the last dry state in the union, ended Prohibition in 1966.

❏ Why it didn’t work was because there was still alcohol everywhere and organized crime had gone from none existed before Prohibition to extremely powerful and wealthy during it.