Post War Tensions / Republican Boom Years
The 3 presidents of the 1920s represented a very _____________ mindset towards business and the economy
Conversvative
The Roaring Twenties represent a period of time in which Americans bought heavily into a ___________ culture
Consumer
America was too good at creating goods during the 1920s, leading to this problem
Overproduction
The United States became this when the government decided to get involved in the well-being of its citizens under New Deal programs
Limited Welfare State
As purchasing power of American citizens slowed in the latter half of the 1920s, but production of goods did not, this issue arose
Under consumption
This industry took off during the 1920s, leading to the growth of many other industries and created many job opportunities for Americans
Automobile
During the 20s the stigma regarding this practice largely went away... it was great for consumers while it lasted but caused many issues at the end of the decade
Buying on Credit / Installment plans
5% of Americans owning 33% of the wealth represents this issue that was one of the reasons the Great Depression occurred
Wealth Gap
Discuss the different mindsets of Hoover and FDR when it came to America's response to the Great Depression
Hoover (conservative) felt like the economy would solve itself if people continued to be strong and struggle through the Depression, little to no government assistance
FDR (liberal) promised to use government resources and spending to help Americans and the country get itself out of the Depression
Discuss the psychological effects the Great Depression had on many Americans
Fathers were used to being the man of the house and providing for the family, they felt as if they lost authority and respect by not being able to provide during the Depression
From War time to Peace time
Demobilization
This method of delivering information became extremely popular during the 1920s, allowing pop culture and information to spread across the country like never before
Radio
Shanty towns in which homeless Americans created communities to live together, rampant with disease and filth
Hoovervilles
The 3 Rs of the New Deal
RELIEF: for Americans who are struggling
RECOVERY: of American business and the economy
REFORM: of the banking system and stock market so that the issues that started the Depression would not start another one
These places could serve up to 85,000 meals a day in NYC specifically, often times being the only times many Americans ate during the Great Depression
Soup Kitchens
Discuss why labor faced issues post WWI
Jobs that were necessary for the war effort were no longer necessary, meaning less work and soldiers returning home who also needed work
The 1920s offered this group the opportunity to expand their influence in everyday life and even find a more "rebellious" side
Women
Buying on Margin
This New Deal program employed over 300,000 18-24 year old men across 1,400 different locations to work on soil and forest conservation
Civilian Conservation Corps (CCC)
The Great Plains underwent this issue due to drought, over-farming, and loss of natural vegetation
Desertification
Discuss why Unions faced a loss of support in the post-war Era
They were viewed as radical and violent, turning a lot of people off from getting behind Unions
This group, sharing part of their name with a large 16th century movement in Europe, provided African American artists, writers, and musicians the opportunity to work and encourage one another during the 1920s
Harlem Renaissance
Discuss the 3 step cycle that categorized the issues of the Great Depression and why America could not get out of the rut
Businesses are forced to close --> People lose their jobs --> People have no money to purchase goods and inject into the economy (cycle continues)
This New Deal program, still in place today, regulated the Stock Market and issues such as buying on margin and insider trading are limited
Securities and Exchange Commission (SEC)
This group saw the large market for their products disappear overnight following the end of WWI, leading to a terrible decade as a ___________
Farmer