Monday- Discussed 20's topics
Tuesday- Discussed 20's topics
Wednesday- Discussed 20's topics, Early out
Thursday- Discussed 20's topics
Friday- Discussed 20's topics
Prohibition-
- 18th amendment
- 1920-1933
- Supporters believed it brought out
- corruption
- crime
- domestic violence
- Exceptions
- Medical Purposes
- Religious Purposes
- First Few Years
- Violence decreased
- Volstead Act created the prohibition Bureau to enforce the law
- Reasons if failed
- People thought they were losing rights
- The Prohibition Bureau was underfunded
- Led to organized crime
- Crime rates
- Increased significantly during the prohibition
- Bootlegging
- Made or transported alcohol illegally
- Most imported came from Canada, Cuba, and West Indies
- Biggest Threats
- Other gangs
- Hijacking
- Name
- Moonshine
- Speakeasies
- Name of illegal bars
- Called speakeasies to keep it quiet
- Moved around a lot
- Made or transported alcohol illegally
- Prohibition was Repealed in 1933
Scopes Monkey Trial
- Science vs. Religion
- Fundamentalist believed everything in the bible
- Fought over the theory of evolution
- William Jennings Bryan (Religion) vs. Clarence Darrow(Evolution)
Politics
- Republican era
- President Harding
- Always had alcohol in the white house
- Had many affairs
- President Coolidge
- Honest
- Do nothing philosophy
- President Hoover
- Famous WWI
- President Harding
- Republican Philosophy 1920's
- Trickle-down theory
- Giving take breaks to the wealth
- Rich people ran businesses
- Laissez-faire
- Government keeps hands off businesses
- Rugged Individualism
- Up to the people to work hard no handouts or welfare
- Normalcy
- The United States is going to focus on ourselves
- Focus on isolationism
- Trickle-down theory
The automobile
- What impact did automobiles have on the US
- Positive
- Created Jobs
- Transportation
- Faster
- Kids left to different towns
- Negative
- Pollution
- Positive
Entertainment
- Types
- Circus
- Sports
- Football
- boxing
- Magic
- Movies
- Music
- Automobiles
- Going on vacation
- Airplane shows
Economy in 1920's
- Manufacturing increasing
- Strikes
- People aren't happy
- Started after WWI
- GDP increased in 20's
Stock Market increased
- Most Americans were not in the stock market
- Buying on Credit
- Buy now pay later
- Pros
- Middle and lower class citizens are buying more
- Cons
- People didn't pay back
- People stopped buying
- Big cause on crash
- High Tariff Policy
- Progressives wanted lower tariffs
- Republicans wanted to raise tariffs
- Era of Permanent Prosperity
- "The only thing you have to fear, is fear itself"
- People not doing well
- Farmers
- Factory workers
- etc.
Stock Market Crash
- Stock
- Buying shares of company
- Buying on margin
- allowed to buy 10% and get 90% from brokers
- During crash brokers wanted to be repaid
- Causes
- People buying on margin
- led to debt and watered stock prices
- Stock prices were grossly inflated
- Did not have real value-watered stock prices
- Over speculation
- Quick buy and sell of stock
- led to watered stock
- Overproduction of goods and under consumption of consumers
- People stopped buying
- Uneven distribution of wealth
- Too much borrowing from banks
- No credit checks
- Federal Reserve increased interest rates
- Lack of government regulation
- Banks would take peoples money and put them in stock markets
- Government was Laissez-Faire
- Rich people would pool stock and make others buy it until they were the ones getting the middle class money
- People buying on margin
Comments