-
Buying on credit
Many people started buying things on credit during the 1920s. The people could now buy things that they wouldn't have bought before and pay on them over time. People liked this because they could buy things they couldn't afford before. -
Movies, Radio, and Sports in the 1920s
Rising earnings generated more disposable income for the consumption of entertainment and leisure. Many people started spending more money on entertainment. The increase in cash and advancements in technology led to new patterns of leisure. -
Prohibition
There was a nationwide ban on the sale and import of alcoholic beverages. Protestants, progressives, and women led the drive to prohibition. Prohibition led directly to the rise of organized crime. -
Warren G Harding
He was elected in 1920. He is a republican. He died in 1923. -
Calvin Coolidge
He became president in 1923 after the sudden death of Harding. He was Harding's vice president. He was elected in 1924 for a second term. -
Klansmen March
40000 Ku Klux Klansmen march on Washington. Their white hoods filled Pennsylvania avenue. The Klansmen marched for over three hours until arriving at the Washington Monument for speeches, but it started raining and many people left -
Ford begins selling the 1928 Model A
After the 15 millionth Model T drove off the assembly line, Ford closed plants to spend 6 months perfecting the design of a new car. Ford called it the Model A commemorating Ford's first car, the 1903 Model A. Despite the difficulties of the Great Depression, Ford still sold over 5 million Model As. -
Babe Ruth hits his 60th Home Run
New York Yankees star Babe Ruth hits his 60th home run of the season. He broke his own record of 59. His record will stand for another 30 years. -
St. Valentine's Day Massacre
Seven men were murdered by four men posed as police officers conducting a raid. The four men entered the warehouse used to store liquor by George "Bugs" Moran and his gang. They lined up the seven men and pulled out machine guns and opened fire. -
The stock market crash of 1929
The 1929 stock market crash lost the equivalent of $396 billion today. It was more than the total cost of world war I. The crash destroyed confidence in the stock market and led to the great depression.
