The Roaring 20’s
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Transcript of The Roaring 20’s
The Roaring 20s
The Roaring 20s
A Speeding Train Heading Towards a Cliff
Woodrow Wilson
Attempts to quell Europeans post WWIFrance and England want
revengeGerman must pay back money, give up lands, and take blame
for warLeague of NationsThe United NationsAmerica will not
joinEndHas a strokeWife pretty much runs his presidency
Suffrage!!
Aug. 18th, 192019th Amendment is RatifiedWomen are given the right
to vote
Republicans
The 1920s will be dominated by RepublicansPresidentHouseSenateEra
of laissez faire economicsHands off
Warren G. Harding
Elected in 1921Tea Pot Dome ScandalNaval oil reserves in Wyoming
are transferred from Dept. of Navy to Dept. of InteriorSec. of
Interior Albert Fall leases lands to Sinclair OilLeads to Senate
investigationFall guilty of bribery goes to prison for one
year
Calvin Coolidge
Replaces Harding after his death in 1923Will reside in Office
during Americas most prosperous decade
18th Amendment
Jan. 17, 1920Temperance Movement leads to 18th AmendmentIllegal to
purchase or transfer alcohol
Crime
1920s will see the rise of the mafiaBootlegging
alcoholSpeakeasiesIllegal places to drink
Society
FlapperYoung WomenDresses become shorterMake-upFreedomMenDapper
DansJazz AgeAfrican infused musicYoung men and women enjoy the
freedom of their youth
Stock Market
Investments riseBuying on MarginTaking out loans to buy
stockCorporate investmentBanks, municipals, etc. invest money into
stock marketUnprecedented rise
Easy Life
New Products make life easierRefrigeratorsWashing
machinesVacuumsRadioSuddenly the world is connectedCarsFord Model
TThe populace travels
Herbert Hoover
Elected in 1929Landside victoryProsperity of 20s helps republican
party stay in controlWill keep it going and make it betterThough
middle-class is large still huge poor classSouth and
mid-westFarmers have it tough