Write down the following prompts in notebooks, leaving about three lines between in preparation to watch a video about the 1920’s “Boom to Bust”: (1) Impact.

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Presentation transcript:

Write down the following prompts in notebooks, leaving about three lines between in preparation to watch a video about the 1920’s “Boom to Bust”: (1) Impact of electricity and the automobile … (2) Credit culture of America in the 1920’s … (3) Impact of the radio … (4) Cultural tension and conflicts during the 1920’s … (5) The rise of spectator sports … (6) What led to “the bust” economically in the United States?

The “Roaring Twenties” and Leading to the Great Depression (1) What did American culture look like in the 1920’s? (2) What economic policies of the 1920’s encouraged economic growth? (3) What aspects of American life during the 1920’s eventually led to the Great Depression?

Politics of the 1920’s Clip from Ted Cruz, talking about the economic policies of former President Calvin Coolidge “Return to Normalcy” (1921) Andrew Mellon’s goals at Secretary of the Treasury “Supply Side Economics” “Ohio Gang” “Teapot Dome” Scandal (1922) President Harding dies (1923) Warren G. Harding, Calvin Coolidge, Teapot Dome Oilfield

Foreign Policy Under President Coolidge Myth of Isolationism Washington Naval Conference ( ) Dawes Plan (1924) (not “Dawes Act” from U.S. History I) Kellogg-Briand Pact (1928) 18 th Amendment (1919) “Speakeasies” “Bootlegging” Calvin Coolidge, Signing nations: Australia, Belgium, Canada, Czechoslovakia, France, Germany, British India, Ireland, Italy, Japan, New Zealand, Poland, South Africa, the United Kingdom (Great Britain), and the U.S. Changes in American Domestic Culture

(2) Your textbook says (page 404), “Overproduction was one factor contributing to the onset of the Great Depression” and (page 407) “When crop prices dropped in the 1920’s, farmers left many of their fields uncultivated.” – Based upon what we’ve talked already, how did these causes contribute to the effect of the Great Depression? Problems with the Farms and Rural and Western Banks [1] During WWI, prices are good [2] Farmers invest [3] Overproduction [4] Crop prices drop in 1920 & 1921 [5] Hard time paying mortgages and loans [6] Farms become foreclosed [7] Rural banks fail

“Roaring Twenties” A Culture of Optimism … By end of 1920’s, majority of homes have electricity Flappers Impact of radio Impact of automobile Scopes Trial Rise of K.K.K. & Nativism

Write down the following prompts in notebooks, leaving about three lines between in preparation to watch a video about the 1920’s “Boom to Bust”: (1) Impact of electricity and the automobile … (2) Credit culture of America in the 1920’s … (3) Impact of the radio … (4) Cultural tension and conflicts during the 1920’s … (5) The rise of spectator sports … (6) What led to “the bust” economically in the United States?

“Roaring Twenties” A Culture of Optimism … Rise of Advertising Credit culture / Installment Plan – By 1927, 75% of all household goods were purchased on credit “The butcher, the baker, and the candlestick maker” … all were invested in the marketplace – “Buying on margin” and borrowing to invest

Read Chapter 11, Section One and answer: (1) Commenting upon risk, “buying on the margin,” “margin call,” and speculation, how did the Stock Market Crash of 1929 lead to the Great Depression? (2) How did banks closing and the “installment plan” contribute to the Great Depression? (3) From class discussion: How problems on the farms and the “liquidity” problem contribute to the Great Depression? After Taking Quiz … Thurs., Dec. 11