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Published byAileen McDowell Modified over 9 years ago
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Luicery Gomez
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Politics The Election of 1928 Democratic candidate: Alfred E. Smith, former governor of New York Republican candidate: Herbert Hoover, a Midwesterner
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The Eighteenth Amendment (1920) banned the making or selling of alcohol, which became known as prohibition. The Noble Experiment
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· Some people made their own illegal liquor known as moonshine. Why did prohibition fail?
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Economics A Booming Economy: The 1920’s Income increases People purchase more goods Companies earn higher profits Companies expand and hire more people “Boom Cycle”
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The following industries grew as a result of the booming car industry: construction (roads and bridges) steel rubber glass paint oil housing (as the suburbs grew)
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* Employment and the standard of living increased. * As World War I ended, technology focused on consumer goods. Ex) radios, washing machines, telephones, and cars * An increase in wages caused an increase in buying power. 1925 RCA Radiola Super VIII
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· The goals of the resurrected Ku Klux Klan were to preserve the U.S. for white native-born Protestants. Society & Culture The New Klan Ku Klux Klan members parading along Pennsylvania Ave. in Washington, D.C., Aug. 18, 1925
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· The Klan targeted immigrants, Catholics, Jews, and African- Americans.
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The Ku Klux Klan reached its greatest strength in the 1920’s, with a membership of over three million people.
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· Many African-Americans moved north during and after World War I in search of factory jobs. Responding to Racism Jacob Lawrence, The Migration Series (Panel 1)
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What’s a Stock Broker? A stock broker is a qualified professional who buys and sells shares in the stock market. A typical job of a stock broker would be to help a client invest money. After the investment, a percentage of the profit is then given to the stock broker. Luck plays a big part in investing as well.
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Why Buy Stocks and Shares? People buy (and “invest”) stocks and shares to earn $MONEY$. They believed money would “multiply”. Buying stocks at LOW , and selling at HIGH . For example, when 1,000 shares of stocks is put into $1.00 worth stocks that rise to $1.50, $500 is earned. Stocks can be a quick way to earn money! Investing is a form of earning money. 1,000 $1.00 stocks/shares INVEST! ($1.00 increases to $1.50) 1,500 $1.50 stocks/shares ($500 profit)
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Wall Street Located in lower Manhattan, New York. It is a street that features many large financial office buildings and companies where stocks are traded, including: NYSE New York Stock Exchange, NASDAQ, AMEX American Exchange, NYMEX New York Mercantile Exchange, NYBOT New York Board of Trade etc. A section of Wall Street today. The building on the right (with the American flag) is the main NYSE office building. National Association of Securities Dealers Automated Quotations
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Stocks and Shares in the 1920’s During this period of time, stocks and shares rose at a phenomenal rate. Stocks rose by 65%. Wages increased by 25%. People began borrowing money to invest. In 1929, Wall Street crashed - America went into debt. +65% +25% America’s wealth in the 1920’s UH OH!
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