1. The bell rings or you are LATE!
You must be IN YOUR
ASSIGNED SEAT when
The bell rings or you are LATE!

2. The Roaring 20s: Politics and Economy
Key Terms/Events
Conservatism
GOP dominance
1920s Presidents
Isolationism
Lassiez-Faire
Economic Boom
Credit
Wild, Wild Life

3. Conservatism President Calvin Coolidge -A belief in tradition, order,
and Hierarchy.
-A belief that the federal
government
should be small
and leave people alone.
President
Calvin Coolidge

4. GOP Dominance People moved toward the Republican Party, who
Promised economic prosperity and to stay out
Of world problems.

5. 1920s Presidents Elected after Wilson 1920-1923 Wealthy, Manly
Died in office
“Silent Cal” Did not talk
Much. Strict and religious
Incredibly popular
Very smart, and very popular
At first. Bad Luck Ahead.

6. Isolationism -The belief that America should stay
Out of world/European events.
-Americans were bitter that we
Got sucked into World War One
And then “betrayed” at
Versailles
-The GOP promised that something
Like World War One would not happen
Again.

7. Lassiez-Faire Economics
French for “leave alone.”
The government should
Be small and leave business
Alone to make money.
Low taxes and few
regulations
(rules) for business.

8. Economic “Boom!” -The 1920s was one of the Biggest economic growth
Periods in American history.
-America was rich, taxes were low,
Unemployment was almost zero
-New consumer products made
Even normal people feel “rich.”
Cars, radios, washing machines,
Refrigerators.

9. Consumer
Goods =
Production
Jobs
$$$ cycles
Through
economy

10. Buying on “Credit” -Short term good, but Long term…?
-Buy Now, Pay Later
-You guys know how this works,
Think of credit cards or layaway
-Consumers spent too much
On things they could not
afford

11. Wild, Wild Life Economic prosperity Created a feeling of
Confidence among
Americans.
The generation that
Lived through World
War 1 just wanted to
Have fun and enjoy life.