The 1920

1
The 1920sRepublican Resurgence
2
Hardings Administration

• Political Appointments
• Ohio Gang
• Supreme Court
• Andrew Mellon
• Tax reductions
• Higher tariff
• Big Business
• Herbert Hoover

Taft
Mellon
3
Corruption!!

• Ohio gang
• Teapot Dome Scandal
• Albert Fall
• Hardings death

Harry M. Daugherty
Florence Harding
4
Calvin Coolidge- the TRUE Capitalist
Silent Cal The business of America is
business!
5
Hoover- Progressive and Humanitarian

• Tax reduction for lower classes
• Promote African American Rights
• Endorse Agricultural Marketing Act
• Hawley-Smoot Tariff

6
ECONOMIC BOOM

• Spurred on by use of the assembly line,
  electricity, the auto industry
• Auto Industry
• Fords 5 work day
• Oil, rubber, steel
• Service stations
• Road building
• suburbs

Model T
Henry Ford
7
New Industries

• Aviation
• Chemical
• Radio
• Movies

8
REALLY BIG BUSINESS!

• Oligopoly control of an industry by a few giant
  companies
• Automobile, banking, retail
• BIG efficient productive

9
America Becomes aConsumer Society
10
Higher Standard of Living?

• 71 earn less than necessary for a decent
  Standard of Living
• Declining wages
• Rising consumer prices
• Buying on credit

11
Decline in Unionism

• Open-shop
• Yellow Dog Contracts
• Welfare Capitalism
• Failure to organize women minorities
• Rising middle class
• Red Scare