Economic Concepts and Policies
A policy promoted by Herbert Hoover advocating for businesses to form voluntary trade associations to stabilize industries without direct government intervention
What is Cooperative Individualism?
Harding’s presidency was marked by pro-business policies and scandals, most notably the Teapot Dome Scandal
What are the Pivotal Events of the William G. Harding Administration?
DOUBLE JEOPARDY!
This person in the founder of the Ford Motor Company
Who is Henry Ford?
Young women who challenged traditional gender norms by embracing new fashions, independence, and social behaviors
What are Flappers?
The illegal production and sale of alcohol in response to the nationwide prohibition (1920-1933), leading to organized crime
What is Bootlegging, Speakeasies, and Prohibition?
An economic theory arguing that lower taxes and decreased regulation stimulate business investment, leading to economic growth
What are Supply-Side Economics?
A bribery scandal involving the illegal leasing of government oil reserves in Wyoming to private companies
What was the Teapot Dome Scandal?
Henry Ford’s innovations in mass production significantly lowered the cost of automobiles, making them affordable for average Americans
What was the Assembly Line and the Model-T?
The expansion of radio, newspapers, and movies helped create a national culture and celebrity culture
What is Mass Media?
An organization advocating for civil rights and fighting racial discrimination through legal means
What is NAACP (National Association for the Advancement of Colored People)?
A system in which businesses provide welfare services to their employees, such as health benefits and pensions, to prevent labor unrest
What is Welfare Capitalism?
A 1921-1922 meeting between major world powers to discuss naval disarmament and prevent future conflicts
What was the Washington Naval Conference?
Growth in industries such as automobiles, aviation, radio, and electrical appliances revolutionized daily life and employment
What was the The rise of new industries?
African American musical styles that gained national popularity, influencing mainstream culture
What is Jazz and Blues?
The mass movement of African Americans from the rural South to Northern cities in search of better job opportunities and social conditions
What was The Great Migration?
Emphasized low taxes, minimal government interference in the economy, and pro-business policies to promote industrial expansion
What is the Republican Economic Platform of the 1920s?
An international agreement signed by multiple countries to renounce war as a means of national policy
What was the Kellogg-Briand Pact (1928)?
DOUBLE JEOPARDY!
This person invented the lightbulb
Who is Thomas Edison?
A cultural, artistic, and intellectual movement centered in Harlem that celebrated African American achievements
What was the Harlem Renaissance?
Laws such as the Immigration Act of 1924 set strict quotas limiting immigration, particularly from Southern and Eastern Europe
What are Quotas on Immigration?
DOUBLE JOEPARDY!
This is an extra fee added to bought goods
What are taxes?
A U.S.-led effort to restructure German war reparations and stabilize the European economy post-World War I
What was the The Dawes Plan (1924)?
The introduction of household appliances, cosmetics, and installment buying transformed American consumer culture
What are New consumer products and services?
A rise in mass production and advertising encouraged spending on new products and leisure activities
What is Consumerism?
A highly publicized trial in Tennessee over the teaching of evolution in schools, highlighting the conflict between modern science and religious beliefs
What was the 1925 Scopes “Monkey” Trial?