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On a new piece of notebook paper answer the following question: What effect did the transition from wartime to peacetime have on the U.S. economy? Yes,

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Presentation on theme: "On a new piece of notebook paper answer the following question: What effect did the transition from wartime to peacetime have on the U.S. economy? Yes,"— Presentation transcript:

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2 On a new piece of notebook paper answer the following question: What effect did the transition from wartime to peacetime have on the U.S. economy? Yes, again. This is not a mistake.

3  Analyze the affect demobilization had on the economy.  Analyze the public’s response the union activity in 1919 and 1920.

4  Supply and Demand More product than customers, price goes down. More customers than produce, price goes up.  Power in the workplace More jobs than workers, workers have the power. More workers than job, employers have the power.

5  Demobilization –transition from wartime to peacetime.  Too many workers = unemployment = wages = women pushed out

6  Immediately after war lack of product + spending = cost of living  Recession during 1920-1921.

7  Seattle general strike- non-violent general strike to support shipyard workers in 1919.  Boston police strike- strike to get recognition of union. All police officers fired and replace by unemployed veterans.  Calvin Coolige- Governor who supported firing of Boston police.

8  UMW- United Mine Workers  John L. Lewis - president of UMW.

9  Red Scare- period of anticommunist hysteria during 1919 and 1920.  Any labor unrest was seen as sign of a Bolshevik like revolution.

10  A. Mitchell Palmer – U.S. Attorney General who launched an anti-communist crusade.  Palmer raids- arrest and deportation of immigrants suspected of radical activities.

11 Italian anarchists accused of murdering a paymaster and a guard during a payroll robbery.

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