1. Lesson 1: The Politics of 1920s Lesson 2: A Growing Economy
Chapter 8: The Jazz Age
Lesson 1: The Politics of 1920s
Lesson 2: A Growing Economy

2. Lesson 1: The Politics of 1920s

3. The Harding Administration
1920 “Return to Normalcy” his Presidential campaign slogan roughly meant back to the era of monopolies.
SCANDALS
1923 Harding dies of a heart attack
VP, Calvin Coolidge took office.

4. The Ohio Gang
Harding gave friends and political allies from Ohio high level positons, known as “the Ohio Gang” Another example of the Good ‘ol Boys club that the Progressive Era worked hard to disband.
The Ohio Gang used their position for personal gain.
SCANDALS-1923 Col. Charles R Forbes sold medical supplies from the Veteran’s Affairs Hospital and kept the $, costing the public $250 million

5. The Teapot Dome Scandal
1922 Teapot Dome Scandal (Teapot Dome, Wyoming and Elks Hill, California)
Secretary of Interior, Albert Fall took political bribes to lease lands containing US Navy Oil Reserves, illegally earning $300,000. First Presidential Cabinet member to go to prison.

6. President Calvin Coolidge
was a quiet and different leader.
Believed that prosperity rested on business leadership and that government should interfere as little as possible
Laizzes-Faire Govn’t-
Different from Progressives

7. Andrew Mellon banker, industrialist and Sec of Treasury, had 3 goals:
Balance the budget,
Reduce government debt
Cut taxes- SUPPLY SIDE ECONOMICS-by cutting taxes Americans would invest their $--economy would grow and ppl make more $--so they will get taxed more , AKA
1928 Taxes cut down to .5% from 4% for most Americans and 73% down to 25% for Wealthy Americans

8. Isolationism
a national policy of avoiding involvement in world affairs, the US was too involved and interconnected with other counties economically to become isolationists.

9. Daws Plan
American banks will loan $ to German to help pay back the Allies from WWI.
In return Germany will pay them less
so that way France and Britain could pay off more of their debts to the US.
LOAN $ US
Germany
Pay fewer Reparations
Pay Reparations
From WWI
France and Britain

10. Kellogg-Briand Pact
August 27, 1928-Peace treaty that outlawed war. Economic power + Arms-Control
All signing nations agreed to abandon war and settle all disputes peacefully.
The US and 14 other countries.

11. Lesson 2: A Growing Economy
Industry
The Assembly Line-
Divided operations into simple tasks to cut unnecessary motion
Mass production- large scale manufacturing with machinery
Radio
1920 KDKA in Pittsburgh, PA
Public broadcasts- news, music, entertainment
Nationwide- created a common culture because everyone can get the same information at the same time
Doesn’t require literacyvery popular and easy
Airline
1918 US Post Office
Used air mail
1926 Air Commerce Act
Built airports
1927 Charles Lindberg- 1st to fly over the Atlantic ocean alone
Vehicle
1908 Model T first automobile built by Ford- affordable by 1925 due to mass production
Innovated American Way of Life
rising the Standard of Living
-Less farmer isolation
-Created Commuters

12. Lesson 2: A Growing Economy
Society
Consumer Products
disposable income-electric razors, facial tissue, frozen foods, home hair color,
Rise in Standard of Living -Concern for hygiene-indoor showers, cleaning supplies, electric irons, vacuum, washing machines, refrigerators
LINES OF CREDIT larger than income
Farm Crisis
“quiet depression”
Technology enhanced farming output but restrictions on trade post WWI made international sales low
Farmers earned 1/3 less than other American workers
A Common Culture
Radio and Air mail made communication easier to the masses
Buying and selling, entertainment and news avaliable
Mass Advertising
“Easier than sliced bread” Sell the Americans things they didn’t realize they needed
“Buy Now, Pay Later”
Social Status appeared
Convenience, leisure, success and style
Play on consumers’ anxieties, fears, insecurities