1920s USA Boom

1920s USA Boom

Racism
1. KKK
  1. Public Hangings
  2. 500,000 members by 1925
2. Asians not aloud into US
3. Segregation widely used
  1. Libraries, Buses, Hotels
4. Race Riot
  1. Oklahoma, 1921
  2. 25 Blacks and 9 Whites killed
5. Black and immigrant workers missed out on prosperity
Goverment
1. Republican
  1. 1921-33
2. Kept taxes low
3. Calvin Coolidge
  1. Laissez faire
    1. No interfering with Business
4. Warren Harding
  1. Fordney- MCcumber act
    1. Added taxes on non- American products
    2. 1922
5. Herbert Hoover
  1. Rugged Individualism
New Technology
1. Factories became automated
  1. Huge amount of goods, Fraction of time/price
  2. Economic output up by 50%
2. Radios
  1. 12 million households had one by the end of the 20's
3. Cars
  1. 1 for every 5 people in 1929
Jazz
1. Cars let people travel to clubs
2. Dances
  1. The Charleston
    1. Widely known
  2. The black botttom
3. Popular among the younger generation mainly
4. Some older people objected to it 'Vulgarity'
Prohibition
1. Volstead act
  1. Banned alchol
  2. Shut bars
  3. January 16th 1920
2. Speakeasies
  1. Illegal bars
  2. Ran by gangsters
Women
1. More sexually free
  1. Increased Birth control
2. 'Unladylike'
3. Flappers
  1. Short hair and skirts
  2. Drinks and smokes
4. New technology brought housework down
Hire Purchase
1. Aided Consumer boom
2. Times were good
  1. No worries about keeping payments up
3. Highly Advertised
Henry Ford
1. Aimed to provide affordable cars
2. 1908- $850
3. 1925- $290
4. Production line
  1. Lots of workers
    1. $5 a day wage
5. Led to production of more roads
  1. More jobs!
Farmers
1. Suffered due to over-production
2. Dust-Bowls of 1930
3. Not feeling the boom
  1. In 1928 half of all US Farmers were living in poverty
4. Products like milk worthless
  1. Paid by the government to produce less
Advertising
1. Catalogue shopping introduced
2. New Products
3. Lots of different Medias
  1. Radio
  2. Roadside
  3. Newspaper
Core Goods
1. Used as supplies to create other products
2. Plentiful
3. Coal
4. Oil
WW1 Effect
1. Loans back from Europe
2. Plenty of money for investment
3. Good position in comparison to Europe
Cinema
1. 100,000,000 cinema tickets brought a week
2. Age of cinema
3. Stars
  1. Charlie Chaplin
  2. Rudolf Valentino
4. 1928- First Takie
  1. The Jazz Singer
Shares
1. People made investements
  1. Seemingly calculated
  2. Usually with profit
  3. Whole life savings some times put on shares
  4. Shares brought 'On the Margin'
    1. With slow monthly repayment
Gangsters
1. Al Capone
  1. Earning $60 million a year from alcohol sales alone
    1. Another $45 million from other income
  2. Bribed police and politicians
  3. Prison in 1933
    1. 11 Years
      1. Longest Tax evasion sentence ever
    2. Tax Evasion
2. St. Valentines massacre
  1. Killed by people dressed as Police Officers
  2. 7 Members of the O'Banion gang killed

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	Criado por Sarah Bowyer mais de 9 anos atrás