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The 1920’s: Republican Resurgence

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Presentation on theme: "The 1920’s: Republican Resurgence"— Presentation transcript:

1 The 1920’s: Republican Resurgence

2 Harding’s Administration
Political Appointments “Ohio Gang” Supreme Court Andrew Mellon Tax reductions Higher tariff Big Business Herbert Hoover Taft Mellon

3 Corruption!! Ohio gang Teapot Dome Scandal Harding’s death Albert Fall
Harry M. Daugherty Florence Harding

4 Calvin Coolidge- the TRUE Capitalist
“Silent Cal” “The business of America is business!”

5 Hoover- Progressive and Humanitarian
Tax reduction for lower classes Promote African American Rights Endorse Agricultural Marketing Act Hawley-Smoot Tariff

6 ECONOMIC BOOM Spurred on by use of the assembly line, electricity,& the auto industry Auto Industry Ford’s $5 work day Oil, rubber, steel Service stations Road building suburbs Model T Henry Ford

7 New Industries Aviation Chemical Radio Movies

8 REALLY BIG BUSINESS! Oligopoly: control of an industry by a few giant companies Automobile, banking, retail BIG= efficient & productive

9 America Becomes a Consumer Society

10 Higher Standard of Living?
71% earn less than necessary for a decent Standard of Living Declining wages Rising consumer prices Buying on credit

11 Decline in Unionism Open-shop Yellow Dog Contracts Welfare Capitalism
Failure to organize women & minorities Rising middle class Red Scare

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