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The Roaring Twenties: 1919-1929

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The Roaring Twenties: 1919-1929 Life After World War I Warren G. Harding and Calvin Coolidge Stock Market Success Roaring 20 s Republicans in Office Woodrow Wilson ... – PowerPoint PPT presentation

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Title: The Roaring Twenties: 1919-1929


1
The Roaring Twenties1919-1929
  1. Life After World War I
  2. Warren G. Harding and Calvin Coolidge
  3. Stock Market Success
  4. Roaring 20s

2
Republicans in Office
  • Woodrow Wilson becomes ill and fades out of the
    picture
  • US citizens are looking for a change in
    Presidency, choose a Republican leader
  • 1. Warren G. Harding (Wins 1920 Election)
  • Harding- Wants to return the United States back
    to Normal

3
Warren G Harding
  • Facts About the 29th President
  • From the lovely state of Ohio
  • 29th President
  • Many of the taxes he created contributed to the
    Stock Market Crash in 1929

4
Warren G. Harding
  • Harding takes over and immediately there is a
  • recession
  • Recession- downturn in economic activity
  • Struggle to rebuild after World War I
  • Too much time and money to recover from
  • Corruption and Scandals
  • Many of Hardings Cabinet members stole money
    from the government, went behind his back and
    betrayed him
  • 2. Harding- sick and betrayed, dies in 1923

5
Meet Calvin Coolidge
  • Our 30th President
  • Was a Republican lawyer from Vermont
  • Served as Governor of Massachusetts
  • Spoke in favor of Civil Rights for African
    Americans and Catholics

6
Calvin Coolidge
  • Vice President under Harding- fills in once
    Harding dies
  • Personality
  • Different from Harding
  • Quiet and Reserved (Known as Silent Cal)
  • Economic Prosperity- believed in Big Business
  • Cut regulations on businesses
  • Factories switched back to consumer goods
  • Goods were made at a rapid rate
  • Economy was booming

7
A Booming Economy
  • American incomes rose (more money to spend)
  • More goods in circulation and advertising of new
    products
  • People wanted to buy things they could
    not afford
  • Installment Buying- buying on credit (paying
  • back at a later time)
  • Interest- money the banks made off of
    your investment
  • People are buying so many goods on
    credit
  • Banks are lending out too much money

8
A Soaring Stock Market
  • By the mid 1920s people were investing in the
    stock market more than ever before
  • Buying and trading constantly
  • Bull Market- period of increased trading and high
    prices (Very dangerous and unstable)
  • Buying stock on credit
  • When prices were high it worked well
  • If prices ever fellDisaster

9
World Affairs and Trading
  • Latin America- Trade w/ United States
  • increased after the war
  • US would help Latin America when needed
  • Soviet Union- beginning their Communist
  • government and economy
  • US disagreed with their ideas
  • Communism controls people and their rights
    as free citizens (No freedom or Religion)
  • US- still helped Russia through a famine

10
New Ways of Life
  • Prohibition- ban on alcohol sales,
  • manufacturing and transportation anywhere in
  • the United States (18th Amendment)
  • Lasted from 1920-1933 (Repealed 21st Am.)
  • Bootleggers made their own or smuggled
    alcohol from Canada or Latin America
  • Led to an increase of organized crime
  • 1. Gangsters/Mob
  • 2. Bribes w/ law enforcement/judges

11
New Rights for Women
  • 19th Amendment- Voting rights for women
  • First Governors
  • Nellie Tayloe Ross (Wyoming)
  • Miriam A. Ferguson (Texas)
  • Equal Rights Amendment (ERA)- equality of
  • rights under the law regardless of sex (M/F)
  • Changes for Working Women
  • Working outside the home (teachers/secretaries)
  • Housework became easier w/ appliances

12
Impact of the Automobile
  • Americans were able to travel and go more
  • places than ever before
  • 1. Prices of the Model T Ford
  • 850 in 1920
  • 290 in 1924 (Became affordable)
  • Automobiles helped the growth of other
    industries (Oil, Steel, Motels, Gas Stations)

13
A New Culture
  • Radio- became very popular in the 1920s
  • Way of communicating and entertainment
  • KDKA in Pittsburgh (First Station)
  • Movies- Hollywood California
  • First movies had no sound (Pianist played)
  • 1927- First talking movie (The Jazz Singer)

14
The Roaring 20s
  • Fads- an activity or passion that is taken up
  • over a short period or time (fade in/out)
  • Flappers- young women who rebelled
  • against traditional ways of thinking for
  • women
  • Wore their dresses short
  • Red lipstick/fast cars/shorter hair
  • New sensation of freedom

15
Other Influential People
  • Louis Armstrong- great jazz musician
  • Jazz rose up in the 20s in New Orleans
  • Ernest Hemingway- excellent writer of the
  • 20s (A Farewell to Arms) (The Sun Also
  • Rises)
  • Langston Hughes- part of the Harlem Renaissance
  • African American writers were

16
Age of Heroes
  • Radio, movies and newspapers created
  • celebrities known all over the country (Media)
  • Sports Figures
  • Bobby Jones- won many golf championships
  • Jack Dempsey- famous boxer
  • College football became very popular (Notre Dame)
  • Baseball- real passion for America
  • Americas past time
  • Babe Ruth- the king of baseball
  • Charles Lindberg- first to fly across the
    Atlantic Ocean
  • Spirit of St. Louis (His Plane)
  • Landed in Paris France (33 hour
    flight)

17
Age of Heroes
18
Struggles of the 1920s
  • There were some intense struggles after WW I
  • Farmers- hit the hardest (high prices on
    machinery/goods and land)
  • General Labor Issues- workers demanding higher
    pay
  • Cost of living rose
  • More expensive to live
  • 3. KKK hatred in both the North and South

19
Limiting Immigration
  • Red Scare- Nervousness and dislike for the
  • Soviet Union and Communism
  • People thought Russians were spies
  • Nativism- opposed to immigration
  • Emergency Quota Act- Passed the quota
  • system in 1921
  • Quota System- allowed only a certain number of
  • people to immigrate from each country
  • Favored Northern European nations
  • Cut off Eastern European and Asian nations

20
Election of 1928
  • By 1928- Republicans had led the nation for
  • 8 years (Much success after World War I)
  • Republican Candidate- Herbert Hoover
  • Midwest (Millionaire Big Business Guy)
  • Democrat- Alfred E. Smith
  • First Catholic to run for President
  • Son of Irish Immigrants (Raised in Big
    City)
  • Smith won the cities/Hoover won rural vote and
    all of the Midwest and big business supporters
  • Hoover wins easily (Economy crashes
    down)
  • Great Depression begins in 1929

21
Stock Market Crash
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