Karl Marx Wrote the Communist Manifesto in 1848
Communism A political and economic ideology –Government ownership of all land and property –A classless society where wealth is distributed according to people’s needs –A single political party controlled by the government –The country’s needs are always more important than the individual
Bolsheviks Communists rebels who overthrew the Russian government in Nov Russian word for “majority” Led by Vladimir Lenin Their emblem was a red flag Their army was called the Red Army
Vladimir Lenin –Leader of 1917 Bolshevik Revolution in Russia
The Red Scare An intense fear of communism and other radical political ideas that spread through the U.S. in the 1920’s Triggered by Communist take-over of Russia and Hungary and labor strikes in the U.S. Suspected communists were arrested and charged with sedition. Many were jailed, removed from office, or exiled.
Sedition Any action or language that incites rebellion against the authority of the government
The Red Scare: Democracy in danger?
Anarchists People who oppose any form of political authority
The Palmer Raids January, 1920 Attorney General, A. Mitchell Palmer Justice Department conducted a series of raids to arrest “radicals” and “subversives” Over 6,000 people arrested Many immigrants and aliens No search or arrest warrants Some detained without being charged 100’s deported
Bartolomeo Vanzetti & Nicola Sacco
Sacco-Vanzetti Trial April 1920 – Braintree, MA Guard and paymaster at a shoe factory were robbed and killed 2 Italian immigrants were arrested Convicted and sentenced to death Many believed that it was fear of their radical anarchist political beliefs that led to an unfair verdict April Both were electrocuted after years of appeals
The guilty verdict was protested internationally
How did American business owners keep American workers from violently rejecting capitalism for socialism
Welfare Capitalism In order to prevent more labor strikes, employers began to improve conditions by offering Higher wages Paid vacations Health insurance English classes
Warren G. Harding 29 th President 1921 – 1923 Republican From Ohio Campaign called for a return to “normalcy”
“Normalcy” Harding’s suggestion that the U.S. wished to return to a calm, normal way of life after the stressful events of the previous decade, such as Progressivism, World War I, and the Red Scare
Harding’s Policies Isolationism – U.S. would not join the League of Nations Disarmament – nations should voluntarily give up their weapons Immigration restrictions Tariffs raised to protect American business from foreign competition
Teapot Dome Scandal Harding’s Secretary of the Interior, Albert Fall, gave drilling rights on government owned naval oil fields in Wyoming to 2 private oil companies Received nearly $400,000 illegally No evidence that Harding was involved Fall was fined $100,000 and sentenced to a year in prison
Teapot Dome, Wyoming Teapot Rock Teapot Dome Navel Oil Fields
Whom is this cartoonist blaming for the Teapot Dome scandal?
Calvin Coolidge 30 th President Republican Massachusetts VP under Harding - Takes office when Harding dies in Aug continued
Calvin Coolidge A man of few words – “Silent Cal” “The chief business of the American people is business.” Took a laissez-faire approach to business The government should leave business alone and let it grow
Consumer Economy An economy that depends on a large amount of spending by consumers
Larger profits for business Wages for workers increase People consume products Consumer Economy Cycle
GNP Increased Gross National Product The measure of a country’s productivity The total value of goods and services produced annually
New Electric Gadgets Available to the American Consumer Radios Toasters Vacuum cleaners Sewing machines Refrigerators Coffee pots Ovens Irons
1920’s General Electric Electric Range
Catalogs sold everything for the home... including the home
And what was the greatest invention of the age?
Henry Ford 1896 – invented the quadricycle 1899 – started the Detroit Automobile Company – made 22 cars 1900 – business failed continued
Henry Ford 1901 – There were over 50 companies making cars, but only the wealthy could afford them Ford wanted to “democratize the automobile” by making them cheaper 1903 – Started the Ford Motor Company Mass produced the Model T using assembly line production
Ford and the 1921 Model T
Assembly Line A process in which each worker completes a single specific task in the production process At the end of the line, the product is complete It took 93 minutes to build a Model T In 1923, a Model T came off the assembly line every 10 seconds
Video: The Model T & Ford’s Assembly Line 100 year anniversary in :00
Model T – 15 million sold between 1908 and Model
1923 Ford Grain Truck
Herbert Hoover 31 st President 1929 – 1933 Republican New York Continued to limit government control of big business