Roaring Twenties Warren Harding Calvin Coolidge 1920s Politics Economic Boom

Flappers: new assertive women

Republicans return to Power Warren G. Harding: “return to normalcy” Warren G. Harding: “return to normalcy” Republican policies: Republican policies: –Isolation: minimum foreign involvement –Raise protective tariff –Andrew Mellon: secretary of Treasury –Cut Taxes: from 77% to 22% (same rev) –Cut gov. spending: from $18 billion to $3 b. Teapot Dome Scandal: Albert Hall Teapot Dome Scandal: Albert Hall Harding dies in office 1923 Harding dies in office 1923

Warren G. Harding:

Calvin Coolidge:

1920s Politics Calvin Coolidge: “Silent Cal” Calvin Coolidge: “Silent Cal” –Non activist government –People can solve problems, not only gov. –Laissez faire econ with some gov. gauidance –Wins landslide in Election: Dems pick Al Smith 1928 Election: Dems pick Al Smith –Democrats split between two groups –Conservative rural V. Liberal urban Democrats –Democrats growing in the cities (same w/ today) GOP Herbert Hoover president 1929 GOP Herbert Hoover president 1929

Charlie Chaplin: Movie Industry

Greatest Economic Boom 1920s 7% yearly rate of growth –E–E–E–Economy nearly doubled, unemployment 4%, per capita incomes rose 30% Second Industrial Revolution Electrification: Factories % -> %. This doubled productivity –H–H–H–Homes: /5 -> /3 –A–A–A–Appliances, Movies, Radio, Mass advertising Car Culture: 1920 over 8 million cars –1–1–1–1929 over 23 million cars Urbanization: 100 cities of pop over 100,000 Education

Louis Armstrong: The Jazz Age

Ira Gershwin: 42 Street Peak of Broadway