Today we started blog discussion over the 1920's
What positive and Negative impact did the 1920's have on the United States?-
Republican philosophy in the 1920's:
Rugged individualism- be your own person, if you believe it you can achieve it, up to individuals to succeed. if they work they get rewarded
laissez-faire- government has its hands off of business
Trickle-down theory- cut taxes for the rich, and it will make lives better for the poor and middle class
Negative:
Anti-immigration-because of the Red Scare we thought radicals would come into our country, and take over. Immigration was drastically reduced.
Red Scare- fear of a potential communism uprising. two of them, first occurred in 1917 with the Bolshevik revolution. Palmer Raids- finding evidence of communists and radicals and sent them back to their own countries.
The KKK- was anti-immigrant and African Americans.
Gangs- Al Capone(Chicago)nicknamed scarface made bank during the prohibition. Had many rival gangs in Chicago. Paid off police officers, judges... Made roughly $60,000,000 every year. Eventually got arrested on tax evasion. Sent to Alcatraz, and eventually died there.
Causes of the Stock Market Crash- mostly people were selling but nobody was buying. People were buying on credit, most Americans aren't buying anything because they were in debt or they already had everything. Was no government regulation placed on the stock market so it was very unstable.
affected everybody, farmers, factory workers, the rich, and the middle class. Also affected the banks, and companies.
Positive:
Airplanes- Charles Lindbergh "Lucky Lindy". First person to fly nonstop across the Atlantic Ocean.Also known for the kidnapping of his baby. Amelia Earhart- first woman that flew across the Atlantic Ocean nonstop. best known for dying on/in the Pacific Ocean.
Automobiles- became affordable for everybody. car industry grew a bunch in the 1920's. Henry Ford and the Model T, lots of paved roads built everywhere. Started to see suburbs spring up. Route 66"The Mother Road"
Other Inventions- band-aid, Hairdryer, lie detector, cue tips, telephone, traffic lights, TV and Radio transmissions, frozen foods, water skiing, cool-aid, Pez candy, Double Bubble gum.
Electricity in Homes.
Both Positive and Negative:
buying on credit:you could buy more with less.
Harding- cut taxes to boost the economy after the War. that caused the unemployment and inflation to go down. Established the Bureau of Veterans. Teapot Dome Scandal- the Secretary of interior leased government land to big companies, and took loans.
Hoover's Accomplishment- RFC
Women made gains in the 20's
African Americans made bunch of gains also. The great Migration. Harlem Renascence- literary and artistic movement started by African Americans. Celebrated African American culture
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