Monday:
Republican philosophy-1920's
- trickle-down theory------rich pay less taxes because they own business which trickle down to help the middle and lower class
- laissez-faire-------french for leave alone, government is going ti stay out of business
- normalcy---(president Harding)keeping to our selves, got back to what they used to do
- rugged individualism-----it's up to you, don't rely on the government to help you out
Tea pot dome scandal:
- taking bribes for money
- illegal stuff
- Albert fall- was given bribes from rich business
- he was in charge----he took oil from the land to small oil companies
Tuesday:
Entertainment:
Greta Garbo, Clara Bow, Mary Pickford, Charlie Chaplin------famous actors
Babe Ruth, jack Dempsey, Gene Tunney, Bobby Jones, Bill Tilden, Red Grange-----famous athletes
F. Scott Fitzgerald, W.E.
Stock---buying part of a company
New York Stock Exchange
Dow Jones-------30 largest companies in the United States
Dow Jones------if they are doing well then companies are doing well
TEST QUESTION: Causes of the Stock Market Crash--1929:
- Stock prices were way high, didn't have real value for the companies
- Over speculation during the 1920's
- led to watered stock
- Buying on Margin
- led to people being in debt and watered stock prices
- Overproduction of goods
- Uneven distribution of wealth
- Too much borrowing money from banks
- Federal Reserve increased interest rates
- federal reserve---protects banks from people talking all their money so banks can't close
- Lack of government regulation
Wednesday:
watching movies on the 1920's
Economy:
Buying on Credit:
- buy now, pay later
- stock market was booming
- buying on margin
High Tariff Policy:
- what is a tariff----tax on imported goods
- high tariff-----people buying american goods
Thursday:
TEST QUESTION What impact did automobiles have on the united states??
- faster transportation
- people don't have to live in the city
- people can go on vacations
- allowed people to move away
- made jobs for people because roads and parking lots needed to be made
Henry Ford and the Model T:
Route 66 "The Mother Road"
History of NASCAR:
- Boot leggers needed a fast car to get a way from the police
- started in the 1920's
airplanes:
Charles Lindbergh-----first person to fly non stop across the Atlantic Ocean
Amelia Earhart------first women to fly across the Atlantic ocean
Electricity:
Friday:
Red Scare:
- Karl Marx-----founder of communism
- Vladimir Lenin----first leader of soviet union
- he wanted to get rid of government and give power to the people
Immigration act in the 1920's
- the law was aimed at restricted immigration of southern Europeans, eastern Europeans and Jews
- several restricted the immigrants of Africa and prohibited the immigrants of Arabs east Asians and Indians
Science vs. Religion:
- John Scope---taught science
- it was illegal to teach evolution, you were supposed to teach creation
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