THE ROARING TWENTIES Good Time and Bad Times
Fear of foreigners leads to Immigration Quotas NATIONAL ORIGINS ACT OF 1924
He could not stop the Great Depression or WW11 THE SENATE REFUSES TO RATIFY TREATY OF VERSAILLES. AMERICA DOES NOT JOIN THE LEAGUE OF NATIONS
Kellog- Briand Pact, An agreement to outlaw war!!!!
Oliver Wendell Holmes Clear and present doctrine in SCHENCK v. USA
Scopes Trial Evolution v. Creationism
Clarence Darrow v. William J. Bryan ALL ABOUT FREEDOM OF SPEECH
Sacco and Vanzetti are Executed
After the Bolshevik Revolution in Russia America fears Communist Influence in America
THE RISE OF THE KKK
Alain Locke and the “New Negro”
A Great Poet
Flappers and Organized Crime connected to 18 th and 19 th Amendments
Spending Too Much Money will lead to Great Depression
Public Enemy #1
AIM: To understand the Great Depression and the New Deal
DO YOU UNDERSTAND HOW MONEY REALLY WORKS? 1. You own a Sporting Goods Store. Would you rather sell $400 worth of goods and get cash, or sell $500 worth of goods on a credit card charge? 2. Is it better to buy a car for $25,000 or pay for it by paying back $1,000 a month for the next 25 months?
3. Would you rather go to a city college and graduate in 4 years with no debt, go to an IVY League school and be in $20,000 debt when you graduate?
If you were going to give away a million dollars would you give 1000 people $1, 000 to use for tuition of give Cardinal Hayes the million to give out as tuition aid.
REASONS FOR GREAT DEPRESSION 1. In Roaring Twenties 10 per-cent of population has 90 per-cent of wealth. That’s – an uneven distribution of wealth 2.People buy stocks “on the margin” (paying only a fraction of stock’s value). 3.Installment Plans make it to easy to buy on credit 4.No regulation on Stock Market
5. Harding- Coolidge and Hoover locked into a laissez-faire approach 6. Stock Market Crash, Hawley- Smoot Act 1930 – higher tariffs mess up international trade trade 8. Unemployment rate reaches 25%