Best and Worst of times of 1920s
Aliza and chrystol
Worst times : Economic
Recession a decline in economic activity and prosperity. Between 1920 and 1921, some 100,000 business went bankrupt.
Worst times : Economic
When fighting ended sooner then expected, the federal government had no plans for dermobilization, the transition from war time to peace time. The day after the armistice was signed, telephone lines in washington dc were clogged by government officials cancnceling contracts which caused ripples in the economy.
Worst times : Polictical
In the early 1920s the Klu Klux Klan swelled to between 3 and 4 million members and gained considerable political power throught the country.
Worst times : Polictical
Palmer had hoped to ride the wave of public alarm about radicals all the way to the white house. But he annoused that a plot to over throw the government to begin in new york city on may 1st 1920 as the day grew near citys police was put on 24-hour duty.
Worst times : social
italians were not the only victims of such prejudice. Asian immigrants also faced severe legal discrimination. Asians were barred from becoming citizens, owning land and marrying whites.
worst times : social
A the strikes persisted
, middle class Americans began to view unions as a threat to their way of life. Strike -related violence added to fears that radical Union activity could lead anarchy.
Worst times : culture
The influx of 2.4 million Jewish immigrants from Eastern Europe stirred up anti- semitism prejudice against Jews. In same communities, landlords refused to rent apartments to Jewish tenants.
Worst times : culture
In addition to loosing their younger generation to cities, rural communities faced other problems during the 1920s. Farmers had prospered during the war, producing crops for the allies and the home front.
Good times : economics
After the war, America's went on a speeding spree, buying goods with money they had saved during the war. The result was a spike inflation.
Worst times: economic
As the war had raged , the federal government had encouraged buisness and labor to cooperate. The national war labor board had settled labor disputes on generous terms to keep factories humming wages went up as the number of unemployed workers decreased and unions gained more clout.
Good times: political
Hoarding'so fiscal policy, or approach to taxes and government spending brought renewed prosperity prices plunged in 1921, so Americans could afford more goods and services. Unemployment dropped from 12% when Harding took office to just above 2% in 1923.
Good times: political
The free enterprise system controls what should be produced at what price. Harding repealed taxes and reduced federal spending. The federal governments yearly spending came to less than $5 billion. It payed down national debt.
Good times: social
Americans longed for world peace. Secretary of State Charles Evans Hughes offered to scrap 30 U.S. Warships. Other nations soon agreed to limit size their navies.
Good times: social
Kellog- brigand pact, treaty between U. S. And France to out law war between their countries. Eventually 62 nations signed the pact, which rejected war as "an instrument of national policy."
Good times: cultural
Isolationist sentiment impacted U.S. Policy toward Latin American. In 1921harding settled a long dispute with colombiaover the Panama Canal.
Good times: cultural
During the 1920s the amount of printed material available expanded enormously. A popular culture common to all regions of the United States began to take shape.
Source
History alive book 26-29