Upload
ross-knight
View
219
Download
0
Embed Size (px)
DESCRIPTION
Causes of Economic Prosperity: President Warren Harding’s “Return to Normalcy” (meaning life before WW I) and "America first" campaign encouraged industrialization and a strong economy, independent of foreign influence.
Citation preview
Warm Up
What do the following words mean? Write definitions down in your own words.
You may use your phone or a dictionary to look up words you don’t know.
7. Decreased To make or become smaller or fewer in size,
amount, intensity, or degree.8. Influence
to have an effect on the character, development, or behavior of someone or something, or the effect itself.
9. Nativism the policy of protecting the interests of
native-born or established inhabitants against those of immigrants.
10. Accomplishment something that has been achieved
successfully.11. Illustrated
provide with pictures explain or make (something) clear by using
examples, charts, pictures, etc. serve as an example of
12. Clashes a violent confrontation
DAY 3 : ECONOMIC PROSPERITY AND POLITICAL SCANDAL
Transition to Modern American
The 1920’s
Causes of Economic Prosperity:
President Warren Harding’s “Return to Normalcy” (meaning life before WW I) and "America first" campaign encouraged industrialization and a strong economy, independent of foreign influence.
Causes of Economic Prosperity:
Reduced taxes – tax burden of middle Americans decrease, while most lower income Americans were relieved of their tax burden altogether
Causes of Economic Prosperity:
Stock Market was booming. Americans were buying on margin (only paying a down payment to buy stock…then pay the rest later) created quick wealth
Causes of Economic Prosperity: Improved mass production
with the assembly line reduces the cost of consumer goods.
Consumerism is a social and economic order that encourages the purchase of goods and services in ever-greater amounts.
Mass consumerism encourages buying goods on credit (installment plans)
The Automobile Arrives
Henry Ford – founder of Ford Motors, innovated the auto industry by using the assembly line and invented the Model T and Model A cars. Because Ford could mass produce cars, it made the car affordable to almost everybody in the U.S. The employment turnover was high at first. These jobs were boring but Ford raised wages to counter the turnover rate. The U.S. had led the world on assembly line production of the car.
Discussion Question
Would you work a job that you absolutely hated but got paid really well? Why or Why not?
Besides getting paid well, what motivated people to work jobs that they hated?
Impact of the Automobile
paved roads (route 66 from Chicago to California)
homes with garages and driveways
gas stationsrepair shopspublic garages
Impact of the Automobile
motelsshopping centerstraffic lightsvacationsworkers could live
miles away from where they worked
Urbanization increases because travel was now cheaper.
Discussion Question
The U.S. by the 1920’s, The U.S. out produced Europe 3-4 times the amount of automobiles. Why do you think the U.S. led in production of cars over other countries?
The U.S. was first use the assembly line on the production of cars.
Airplane Travel Arrives
Airplane Industrymailpassenger planes
(commercial)weather forecastingcargotransatlantic flights
Famous American Pilots and Aviators
Glenn Curtiss – considered “The Father of Naval Aviation,” he was a pioneer in aviation.
Famous American Pilots and Aviators
Charles Lindbergh – completed the first solo flight across the Atlantic Ocean.
Economic Issues and Political Scandal
Because of high tariffs Britain and France had a hard time selling products in the U.S. which made it hard to pay back the U.S. the 10 billion dollars it borrowed during WWI.
Tariffs- a tax on imported foreign goods. High tariffs were used to protect domestic or U.S. made products.
Economic Issues and Political Scandal
President Warren Harding’s Presidency was plagued with controversy and scandal. Harding and his cabinet were accused with political corruption especially when the Teapot Dome Scandal became public. It led to the conviction of his cabinet member Secretary of the Interior Albert B. Fall. He became the first Cabinet member to be sent to prison.
Teapot Dome Scandal – the scandal concerning the secret lease of oil rights to private companies from government-owned land in Wyoming during the Harding administration. Secretary of the Interior Albert B. Fall was found guilty of accepting bribes from oil companies.
Economic Prosperity and Political Scandal
Harding dies of a heart attack and Calvin Coolidge takes over and helps restore the faith of the American people in the government again.
Economic Prosperity and Political Scandal
U.S. industries flourish under Coolidge – Stock prices are rising and people are continuing to buy stock “on the margin” which created a bubble that was about to pop….but most Americans thought the American economy was invincible.
Critical Writing Question Day 3
Day 3: Henry Ford revolutionized the car industry by making the Model T car by assembly line, giving access to affordable cars to all Americans. How does the automobile impact American society and Urbanization?
Today’s AssignmentConsumerism Ad of the
1920’s
Consumerism in a New Modern America
A characteristic of the 1920’s is big economic growth. A large part of that growth was the emergence of modern consumerism. Consumerism was encouraged by advertisements. Today you will create an advertisement that exemplifies consumerism of the 1920’s for the Model T car.
You have 2 Choices!
You can pick one of the following three types of advertisements to be graded on: Create a story board for a 30 second silent video
commercial. Write a script for a radio commercial advertisement.