Write down the following prompts in notebooks, leaving about three lines between in preparation to

watch a video about the 1920’s “Boom to Bust”:

• (1) Impact of electricity and the automobile …• (2) Credit culture of America in the 1920’s …• (3) Impact of the radio …• (4) Cultural tension and conflicts during the 1920’s … • (5) The rise of spectator sports … • (6) What led to “the bust” economically in the United

States?

The “Roaring Twenties” and Leading to the Great Depression

• (1) What did American culture look like in the 1920’s?

• (2) What economic policies of the 1920’s encouraged economic growth?

• (3) What aspects of American life during the 1920’s eventually led to the Great Depression?

Politics of the 1920’s• Clip from Ted Cruz, talking about theeconomic policies of former President Calvin Coolidge https://www.youtube.com/watch?v=DwFglQjdXiw

• “Return to Normalcy” (1921)

• Andrew Mellon’s goals at Secretary of the Treasury

• “Supply Side Economics”

• “Ohio Gang”

• “Teapot Dome” Scandal (1922)

• President Harding dies (1923)

Warren G. Harding, 1921 - 1923

Calvin Coolidge, 1923 - 1929

Teapot Dome Oilfield

Foreign Policy Under President Coolidge

• Myth of Isolationism

• Washington Naval Conference (1921-22)

• Dawes Plan (1924) (not “Dawes Act” from U.S. History I)

• Kellogg-Briand Pact (1928)

• 18th Amendment (1919)

• “Speakeasies”

• “Bootlegging”

Calvin Coolidge, 1923 - 1929

- Signing nations: Australia, Belgium, Canada, Czechoslovakia, France, Germany, British India, Ireland, Italy, Japan, New Zealand, Poland, South Africa, the United Kingdom (Great Britain), and the U.S.

Changes in American Domestic Culture

• (2) Your textbook says (page 404), “Overproduction was one factor contributing to the onset of the Great Depression” and (page 407) “When crop prices dropped in the 1920’s, farmers left many of their fields uncultivated.”– Based upon what we’ve talked already, how did these causes contribute to the effect

of the Great Depression?

Problems with the Farms and Rural and Western Banks

[1] During WWI, prices are good

[2] Farmers invest

[3] Overproduction

[4] Crop prices drop in 1920 & 1921

[5] Hard time paying mortgages and loans

[6] Farms become foreclosed

[7] Rural banks fail

“Roaring Twenties”

A Culture of Optimism …• By end of 1920’s, majority of

homes have electricity• Flappers• Impact of radio• Impact of automobile• Scopes Trial• Rise of K.K.K. &

Nativism

Write down the following prompts in notebooks, leaving about three lines between in preparation to

watch a video about the 1920’s “Boom to Bust”:

• (1) Impact of electricity and the automobile …• (2) Credit culture of America in the 1920’s …• (3) Impact of the radio …• (4) Cultural tension and conflicts during the 1920’s … • (5) The rise of spectator sports … • (6) What led to “the bust” economically in the United

States?

“Roaring Twenties”

A Culture of Optimism …• Rise of Advertising

• Credit culture / Installment Plan– By 1927, 75% of all household

goods were purchased on credit

• “The butcher, the baker, and the candlestick maker” … all were invested in the marketplace– “Buying on margin” and

borrowing to invest