The RoaringTwenties

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The RoaringTwenties
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After WWI

• WWI left much of the American public exhausted
• Cost of living doubled for Americans
• Returning soldiers faced unemployment
• There was a social and economic fear toward
  immigrants
• A belief in isolationism swept the nation

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The Red Scare

• Communism An economic and political system based
  on a single-party government ruled by a
  dictatorship
• The panic in the U.S. began after the Russian
  Revolution established a communist states, and
  claimed a worldwide communist revolution.
• The American public started to believe a
  revolutionary conspiracy was taking place

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Red Scare Continued

• Italian immigrants Nicola Saccor and Bartolommeo
  Vanzetti were charged with robbery and murder in
  1920.
• Sacco and Vanzetti were admitted radicals and
  anarchists, but claimed that they had not
  committed any crime.
• With little evidence against them, Sacco and
  Vanzetti were still sentenced to death in 1927.

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Immigration

• The Emergency Quota Act of 1921
• This law established that only certain number of
  people could enter the United States from each
  foreign country.
• This law was set up by Nativist
• Those who were prejudice against foreign-born
  people
• Those who feared outsiders would interrupt their
  way of life

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KKK

• Due to the Red Scare and anti-immigration
  feelings, there was another uprising of the KKK.
• They proclaimed themselves to be 100 percent
  American, and harassed any other group unlike
  themselves.

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The Automobile

• Henry Ford used the assembly lines to mass
  produce cars.
• The success of the assembly line helped to
  decrease car prices.
• Ex.) Model-T
• 1909 - 850
• 1916 - 360
• 1924 - 290

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The Automobile continued

• The car industry helped create other industries
  and essentially more jobs
• Gas Stations
• Repair shops
• Public garages
• Motels
• Shopping centers

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Advertising

• Businesses started to use psychologists to study
  how to appeal to peoples desire
• They would aim their message toward youthfulness,
  beauty, health, and wealth
• Say it with flowers
• Reach for a lucky instead of a sweet
• Wants all of sudden seem to be needs

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Issues in the 1920s

• Technology
• Production in America was increasing rapidly
• Businesses were expanding and merging, while
  other businesses were opening, and incomes were
  on the rise but not all was well
• With increase in technology farmers produced more
  food than what was needed, which drove prices
  down, and in turn farmers suffered greatly.

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Issues in the 1920s continued

• Credit
• Advertisers also lured customers into using
  installment plans to buy their products
• This allowed the customer to purchase goods now,
  and pay the money later.
• Because of this people were able to live more
  lavishly, and it blinded the public of the
  problem it would eventually create

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Scopes (Monkey) Trial

• John Scopes, a Tennessee teacher, taught his
  class about Charles Darwins theory of evolution
  in Tennessee where teaching that was illegal
• Clarence Darrow defended Scopes
• Scopes was found guilty and fined 100, and the
  law prohibited teaching the theory of evolution
  remained.

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Prohibition

• After the war, many people were exhausted of
  making sacrifices, and wanted to enjoy
  themselves, and they viewed drinking as a natural
  way to socialize.
• As a result people started find illegal ways to
  make, transport, and use alcohol
• Prohibition encouraged criminals like Al Capone
  to smuggle alcohol, and make lots of money of the
  production.

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• As a result of the Great Migration, there was
  much racial tension throughout northern
  communities
• The Harlem Renaissance provided a literary and
  artistic movement celebrating African-American
  culture
• It gave artists and poets a way to share their
  experience and at the same time motivate the
  African-American culture to escape prejudice and
  discrimination

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The Jazz Age

• Jazz music was created by African-Americans and
  combined instrumental ragtime and vocal blues
• Louis Armstrong was one of the most famous Jazz
  trumpeters of the 1920s.
• It brought cultures together, and showed that
  there were many social and cultural changes that
  in the process of changing in America.

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Stock Market

• How does the stock market work?
• You buy 100 shares of stock of
• x 5.00 per share
• How much money have you invested?
• ________
• Scenario 1
• stock increases to 20 per share
• 100 shares of stock
• x 20.00 per share
• How much are your 100 shares of stock now worth?
• ______________
• How much profit have you made?
• ___________ stock value
• - 500.00 initial investment
• _____________ net profit

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Stock Market Continued

• Scenario 2
• stock decreases to 1 per share
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• 100 shares of stock
• x 1 per share
• How much are your 100 shares of stock now worth?
• ___________
• How much money have you lost?
• 100.00 stock value
• - 500.00 initial investment
• ________ net loss
• Many Americans invested in the bull market (good
  market), becoming richer as stock prices
  increased
• Some people began to purchase stocks on credit,
  which is borrowing money in order to gamble.