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The post - war world: 1920’s

The post - war world: 1920’s. The 1920’s. Standard # 1: Students will understand the post – war economic, political, and social tensions facing the US. Economic Tensions. During WWI – War Industries Board - centralized production After WWI - No plan for Demobilization

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The post - war world: 1920’s

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  1. The post - war world: 1920’s

  2. The 1920’s Standard # 1: Students will understand the post – war economic, political, and social tensions facing the US

  3. Economic Tensions • During WWI – War Industries Board - centralized production • After WWI - No plan for Demobilization • Factories closed, overproduction of products • Spending spree for some, unemployment for others • Inflation then recession in early 1920’s • Violence / crime spiked • Bankruptcy (*farmers)

  4. Labor Tensions • During WWI - National War Labor Board • After WWI….govt does not help w/ disputes • Corporations: • Had to fire people / reduce wages • Resisted unions (govt helped put down strikes) • Strikes 3,600 • “unjustifiable and unlawful” - Wilson

  5. Political Tensions • Fear came from the Bolshevik (communist) Revolution • Bomb Scare – bombs delivered by mail to capitalists • Communism • Public ownership of the means of production • Everyone is equal / classless society • Radicalism • Extreme change in social / economic order • Anarchists • Oppose all govt. (associated w/ violence) • Post - war fear = Red Scare

  6. http://app.discoveryeducation.com/search?Ntt=red+scare

  7. Social Tensions • Fear of Immigrants (nativism) / differences • Immigration quotas (limits) • 3% of the # of people from that country in 1910 • 2% in 1890

  8. Standard # 4: Describe the domestic and foreign policy approaches of the Republican presidential administrations of the 1920’s • # 1: Domestic Policy of the 1920’s • # 2: Foreign Policy of the 1920’s

  9. Presidents of the 1920’s • Warren G. Harding • Calvin Coolidge • Herbert Hoover • *a shift away from the progressive era of Democrats

  10. Presidents of the 1920’s • Republican Ideology • “Business of America is Business” • “The man who builds a factory, builds a temple and the man who works there, worships there” • “We want less government in business and more business in government.” • “Governments highest function is to service business”

  11. Presidents of the 1920’s • Republican Ideology • Laissez-faire economics • less regulation = more profits • Low taxes, high tariffs • Less govt. spending • Balanced Budget • **Republicans came to power as a reaction against Progressive era policies**

  12. The Election of 1920

  13. The Election of 1928

  14. Herbert Hoover • Book: American Individualism • Worked for Wilson and Harding Domestic Policy • Hoped that if businesses thrived, poverty would be eliminated “we in America today are nearer to the final triumph over poverty than ever before in the history of any land”

  15. Economics of the 1920’s • Big Businesses thrive – new industries created • Consolidation • hundreds of car companies to only 3 • Assembly line and scientific management make production go up • Big Consumerism – new ways of buying goods…

  16. Business of the 1920’s • Speculation – people adopting a get rich quick mentality • Not everyone prospered in 20’s. • farmers, unskilled and old industry workers

  17. Foreign Policy of the 1920’s • Big Ideas of 1920’s presidents: • Want world peace, continued markets (prosperity) • US is a world leader during 20’s • Washington Naval Conference • Dawes Plan • Kellogg – Briand Pact • “Isolationist”

  18. Washington Naval Conference • Conference on Disarmament (1922) • Did limit construction of large ships • How do you enforce?

  19. Dawes Plan(1924) • Germany stopped paying war debts • To keep $ flowing, US interested in markets • Dawes Plan fails, Young Plan takes its place, same idea

  20. Kellogg-Briand Pact (1928) • Nations dedicated to outlawing aggression and war as tools of foreign policy • 62 nations signed • Problems no means of actual enforcement, defensive wars?

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