The Roaring Twenties

1
The Roaring Twenties

• US History

2
Recession From WWI

• When the war ended, more than 2 million soldiers
  came home looking for jobs.
• Factories stopped turning out war materials.

3
Warren G. Harding

• Elected in 1920 and brings in all his old friends
  into office (Ohio Gang)
• A series of scandals took place including, Teapot
  Dome.

4
Teapot Dome Scandal

• The most serious scandal during the Harding
  administration.
• It involved Secretary of the Interior, Albert
  Fall. Two oil executives had bribed Fall.
• In return, he secretly leased them govt land in
  California and at Teapot Dome, Wyoming.

5
Coolidge Prosperity

• Harding dies, Calvin Coolidge takes office.
• Coolidge wants to repair the damage caused by the
  scandals and forces officials to resign.
• Industry begins to boom and new products become
  available (electric refrigerators, radios,
  phonographs, etc.)

6
Business

• Allowing installment buying or buying on credit.
• Soaring stock market, corporations sold stocks to
  investors.

7
Vocabulary

• Bull Market Ordinary people became rich
  overnight and this drew others to buy stocks.
  Such a period of increased stock trading and
  rising stock prices in know as a bull market.
• On Margin Many people bought stocks on margin
  which meant that an investor bought a stock with
  just a 10 down payment.

8
Foreign Affairs

• In the Soviet Union, Lenin was creating a
  communist state.
• Americans dont like this, but we still give them
  20 million in aid when a famine hits Russia in
  1921.
• An arms race in Europe had helped caused WWI. Now
  people are favoring disarmament.

9
Kellogg-Briand Pact

• Signed in 1928
• The United States and 61 other nations signed
  this treaty that outlawed war.

10
Prohibition

• Bootleggers smuggled in liquor from Canada and
  the Caribbean.
• Illegal bars, speakeasies, opened in nearly every
  city and town.
• Rise of organized crime and Gangsters.

11
New Rights for Women

• The 19th amendment was ratified in 1920 giving
  women the right to vote.
• Equal Rights Amendment stated that no one can be
  denied of things on account of sex.
• Women began to work.

12
Impact of the Automobile

• Car prices fell because factories became more
  efficient with the assembly line.
• More roads were paved and new highways were
  built.
• Gas stations, tourist camps, and restaurants
  sprang up everywhere.
• By 1929, 4 million Americans owed their jobs to
  the auto industry.

13
Creating a Mass Culture

• Radio
• Movies-In the 20s millions of Americans went to
  the movies weekly.
• New music Jazz Louis Armstrong
• Writers F. Scott Fitzgerald.

14
Fashion and Fads

• Flagpole sitting
• Dance Marathons
• Flappers Young women who rebelled against
  traditional ways of thinking and acting. They
  wore their hair cut short and short dresses.

15
Harlem Renaissance

• In the 20s, large numbers of African American
  musicians, artists, and writers settled in Harlem
  (NYC) for a rebirth of African American culture.
• Langston Hughes best known poet of the Harlem
  Renaissance.

16
Heroes of the 20s

• Athletes Baseball and Babe Ruth
• Aviator Charles Lindbergh--the first person to
  fly across the Atlantic alone (1927)

17
Homework

• Chapter 18 Worksheets