1. A MERICA IN THE “R OARING 1920 S ”: E CONOMIC T RIUMPH AND C ULTURAL T ENSIONS

2. I. E CONOMIC T RIUMPHS A. Rising Wages for American Workers

3. B. N EW G OODS FOR THE “A VERAGE ” A MERICAN 1. Henry Ford’s Model T

6. 2. T HE R ADIO AND E LECTRICAL A PPLIANCES

9. C. N EW T EMPTATIONS TO B UY 1. Easy Credit and Buying stocks “on Margin”

10. 2. T HE B IRTH OF M ODERN A DVERTISING

12. II. 5 C ULTURAL T ENSIONS A. Alcohol: Prohibition v. Personal Choice

15. B. W OMEN : F AMILY V ALUES V. F LAPPERS & F EMALE I NDEPENDENCE

17. C. E XPLAINING THE W ORLD : S CIENCE V. R ELIGION (T HE S COPES T RIAL )

19. T HE S COPES T RIAL

20. D. O PPORTUNITIES AND O PPRESSION FOR A FRICAN -A MERICANS

25. E. N EW R ESTRICTIONS ON I MMIGRATION

26. T HE I MMIGRATION A CT OF 1924

27. T HE C OMING OF THE G REAT C RASH

28. A. Easy Credit and Advertising Encourage Family Debt I. Early Signs of Economic Disaster

29. B. The 20s Only “Roar” for the Rich

30. C. Foreign Sales Fall Due to Tariffs

31. II. T HE S TOCK M ARKET AND THE C OMING OF THE G REAT C RASH

32. A. T HE 1920 S : S TOCK P RICES S OAR, I NDIVIDUALS AND B ANKS B UY M ORE

34. B. Summer 1929: Some Investors Lose Confidence & Start to Sell Stocks C. October 1929: Black Tuesday & the Stock Market Crash

37. D. L ATE 1929-1930 S : B ANKS & B USINESSES F AIL

38. 38 of 43 U.S. REAL GDP 1929 – 1940 ( BILLIONS OF 1996 DOLLARS )

39. 39 of 43 U.S. U NEMPLOYMENT RATES 1929-1940

40. 40 of 43 U.S. U NEMPLOYMENT RATES 1929-1940

41. III. H OOVER R ESPONDS TO THE G REAT D EPRESSION

42. A. Hoover’s Philosophy: Rugged Individualism & Laissez-Faire -- Not Welfare "Unemployment in the sense of distress is widely disappearing.... We in America today are nearer to the final triumph over poverty than ever before in the history of any land. “ -- Hoover, 1928

43. B. Loaning Money to Banks and Businesses: The Reconstruction Finance Corporation C. The Embarrassment of the Bonus Army

46. D. Shanty Towns Become “Hoovervilles”