Section 1

 

Warren G. Harding

        -Was a senator from Ohio

        -Honest, nice guy

        -Didn’t necessarily want to run for president

                -Wife did, though

        -Campaigned from his front porch

                -Promised “return to normalcy”

                        -Get back to the “good old days” before WWI

        -Goals:

                -Lower taxes and higher tariffs

                -Reduce debt (created surplus in 1921)

                -Less govt in business and more business in govt

        -Very “pro-business”

        -Presidency riddled with scandals

                -Ohio GangàFriends that followed Harding to DC

                        -Used their connections to make money

                -Teapot Dome Scandal

-Sec. of Interior (Al Fall) took bribes to allow oil companies to drill on federal land

        -Teapot Dome, Wyoming

        -Harding got out of Washington to avoid the heat

                -Aug. 2, 1923àSuffers stroke and dies

 

Calvin Coolidge

        -VP under Harding

        -Tried to limit damage of scandals

        -Ran for president in 1924

                -Democrats still divided on whom to support

                -Progressives had a candidate

                -Coolidge wins by a landslide

        -No-nonsense, stern, unemotional, frugal

                -Americans found him reassuring

-Staunch conservative

                -“The business of America is business”

                        -Same philosophy as Harding

-“Laissez faire” (govt does not interfere with the economy)

                -Govt should NOT deal with social/economic issues

                -Isolationist

                        -US should stay out of other countries affairs

 

Technology Changes America

        -Economy of the 1920s was booming

                -“Roaring Twenties”

                -Average income increased 35% ($522 to $716)

-GNP (total value of all goods and services produced and sold in the US) went from $70b to $100b in 7 years

        - Assembly line

                -1913àHenry Ford

                -Automobile ownership tripled in the 1920s

                        -Glass, steel, rubber companies profited

        -Installment buyingàbuying on credit

 

Changes in Work

        -Little skill was needed to work on assembly lineàvery boring

                -Ford reduced workday to 8 hours/day, 5 days/week

                -Doubled salary to $5/day

        -Increase in white-collar jobs (40%)

        -Needed high school diploma (no immigrants)

-Housework

                -Electrical appliances took over work of servants

                -Women drove to stores

 

Cars, Cars, Cars

        -Transportation system was overhauled

                -No more horse-drawn vehicles

                -400K miles of new roads

                        -Gas stations, restaurants, billboards

        -Rural folk had greater mobility

        -People moved out of cities and into suburbs

        -“Sunday drives”

        -Traffic jams, pollution, parking problems

 

Cheating Consumers

        -Advertising was a big business in the 1920s

                -Spending on advertising increased by 600%

        -Played on the minds of women

-“Your own child may fall victim to malnutrition if you don’t feed them our milk”

        -Planned obsolescence

                -Forcing something to go out of style

                        -“Keeping up with the Joneses”

        -Jingles and slogans were popular

        -Grocery store chains

                -A&P (Increased 500% in 3 years)

        -Buy on credit became huge

                -Leads to the fall of economy

 

The Air Age

        -1918àPost Office used planes for mail service

        -1927àCharles Lindbergh

        -1928àAmelia Earhart

        -1927àPan American Airways founded

 


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