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Roaring Twenties and Great Depression
APUSH Unit 11
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1920s Popular Culture WW1 Anxieties Espionage & Sedition Act (1918)
Demobilization & Labor Strife Red Scare (1919) Palmer Raids Sacco & Vanzetti (1920, 1927) A. Mitchell Palmer
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1920s Popular Culture New Forms of Mass Media Radio Cinema (Movies)
Spread National Culture Popular Heroes Charles Lindbergh Awareness of Regional Cultures
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Consumerist Economy Dominance of Big Business
Glorification of Business Consumer goods New Technologies/Innovations Assembly Lines Electricity Buying on Credit Advertising Higher Standard of Living
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Consumerist Economy Impact of the Automobile Aviation Mass Media
Henry Ford Aviation Glenn Curtiss Mass Media Economic Opportunities Women International & Internal Migrants The Cost of a Model T Ford, 1908–1924
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1920s Cultures in Conflict Gender Roles Women at Home Women at Work
Flappers
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Billy Sunday 1920s Cultures in Conflict Aimee Semple McPherson Fundamental Christianity vs. Scientific Modernism Radio Revivalists The Scopes Trial (1925) Clarence Darrow William Jennings Bryan Social Darwinism Eugenics Urban vs. Rural
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1920s Cultures in Conflict Prohibition 18th Amendment
Volstead Act (1919) Bootlegging & Speakeasies organized crime Al Capone Repealing the Amendment
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1920s Cultures in Conflict Great Migration Ku Klux Klan Nativism
Northern Race Riots Ku Klux Klan Nativism Quota Laws Emergency Quota Act (1921) Immigration Act (1924) W. Hemisphere immigration?
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Cultural Revolution African Americans in the 1920s Civil Rights NAACP
Marcus Garvey Universal Negro Improvement Association The Jazz Age Duke Ellington Louis Armstrong Bessie Smith
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Arts & Literature of the 1920s
Harlem Renaissance Poets Langston Hughes Countee Cullen & Claude McKay “Lost Generation” American Idealism vs. Disillusionment
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Arts & Literature of the 1920s
Frank Lloyd Wright’s functionalism Ashcan School -- Edward Hopper Armory Art Show (1913) Edward Hopper, Nighthawks Frank Lloyd Wright’s Falling Water Edward Hopper, Night Shadows "The Prisoners and the Wounded," October, 1918 by Harvey Dunn Marcel Duchamp, Nude Descending a Staircase, No. 2
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Old Guard Returns Harding Years, 1921-1923 Coolidge Years, 1923-1929
“Return to Normalcy” Conservative Economic Agenda Tax Cuts “trickle-down” economics Scandals Teapot Dome (1923) Coolidge Years, Vetoes & Inaction Hoover & 1928 Election
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Crash and Depression Strongest US example of credit and market instability Calls for stronger regulation of the economy Causes of the Depression Stock Market Speculation Tariffs & global trade Bank failures Federal Reserve Monetary policy Gold Standard Fiat money
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Crash and Depression Stock Market Crash Speculation Buying on Margin
Dow Jones Industrial Average: 8/24/1921 – 63.9 9/3/1929 – 381.2 Buying on Margin Black Thursday (10/24/1929) (9% drop) Black Monday (10/28/1929) (13% drop) Black Tuesday (10/29/1929) (12% drop) July 8, 1932 – Market bottoms out... 41.22 (89% drop from Sept. 1929)
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Crash and Depression Effects of the Crash Bank Closures: 22% by 1932
Business Closures: 30,000 by 1932 Unemployment: 25% nationwide higher in some areas (Chicago: 50%) Drop in total wages (40-50% by 1932) Loss of self-worth Migration of people Deportation & Repatriation Changed role of fed’l gov’t World War II
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Crash and Depression Causes of the Depression
11. Philosophy & policies of Hoover admin. 10. Automation 9. American tariff policy 8. Impact of European and World Economy 7. Monopolistic pricing 6. Misdistribution of income & purchasing power 5. Unregulated banking practices 4. Overproduction of industry 3. Overexpansion of credit 2. Overexpansion of agricultural production 1. Stock market speculation and crash
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Hoover and the Depression
“Rugged Individualism” Hawley-Smoot Tariff (1930) WW1 Debt Moratorium (1931) Works Programs Reconstruction Finance Corporation (RFC) Bonus March
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The Election of 1932 Rep. Hoover vs. Dem. Franklin Roosevelt
Hoover as lame-duck president FDR’s Inaugural Address Franklin D. Roosevelt and Herbert Hoover on the way to FDR's inauguration, March 4, 1933
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Opponents of the New Deal
Supreme Court Conservative Critics American Liberty League Liberal Critics Radicals Labor Unions Populist movements Father Charles Coughlin Dr. Francis E. Townsend Huey Long Huey Long: Every Man a King
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FDR’s New Deal New Deal Philosophy The First Hundred Days
Progressive Era connection The Three R’s RELIEF to the poor Stimulate economic RECOVERY REFORM the U.S. economy Keynesian Economics (deficit spending) The First Hundred Days
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FDR’s New Deal Banking & Money Programs Bank Holiday “Fireside Chats”
Emergency Banking Relief Act Glass-Steagall Act (FDIC*) Securities and Exchange Commission (SEC*) Bank Failures
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FDR’s New Deal Industry and Workers Civilian Conservation Corps (CCC)
Federal Emergency Relief Administration (FERA) Civil Works Administration (CWA) National Industrial Recovery Administration (NIRA) National Recovery Administration (NRA) Schechter v. US (1935)
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Second New Deal (1935) Relief Reform
Works Progress Administration (WPA) Federal Arts Project (FAP) Federal Theater Project (FTP) National Youth Administration (NYA) Reform The Social Security Act* (1935) National Labor Relations (Wagner) Act* (1935) Fair Labor Standards Act* (1938) WPA artist Alfred Castagne painting WPA construction workers, May 19, 1939
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Last Phase of the New Deal
Election of 1936 – Political Realignment Democratic Coalition African Americans & working-class Americans FDR’s Judiciary Reorganization Bill (1937) “Court-Packing Plan” Recession Weakened New Deal World War II Deficit spending New Deal Legacy
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