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The Volstead Act
The government closes every saloon, bar, and tavern in the US. People illegally drank alcohol. Conflicts are still going on. -
Government Cancels Contracts Economy is Saved 1920
The government cancelled billions of contracts, to the makers of weapons and supplies for war. Sends people out of their jobs. Kalvin Koolage and Warren G. Hardings, improved the economy and made it go smoothly. Refused to help farmers. A lot of change happens, for the first time in american history more people lived in cities than in farms. American wealth doubled. American economies grow. -
Social Conflict
Conflicts between city dwellers and small town residents, religions, races, traditionalists and flappers... -
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The Great Depression
1920-1939. Not only americans suffered. Longest economic down turn in the history of the western modernized world -
Stock Market Crash
Investors begin selling off lots of shares in stocks. People began to sell all of their stocks. Thursday October 24th 12.9 million shares were traded away. This is known as Black Thursday. 16 million shares were traded away on Black Tuesday. Panic Swept Wall Street. Consumers are loosing confidence. People lost their houses. Farmers couldn't harvest their crops. -
Franklin D. Roosevelt
Franklin D. Roosevelt won a victory over Herbert Hoover. American bankers demanded that countries pay back their debts immediately. -
American Unemployment
Close to 15 million americans were unemployed. Half of the countries banks had failed. Lending money people could not pay back. People in the country stopped spending money. Factories stopped selling. -
Social Security
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1920s
Credit. People were spending money they didn't have. 1 car for every five americans. Cars gave freedom to young people. DANCING. Old people didn't like dancing and jazz. -
Roaring Indeed
The 19th Amendment gave women the right to vote. Many americans had extra money to spend. Flappers. Radios were popular. Also refrigerators. KDKA Pittsburg radio. People started going to the Movies. Even more popular than the radio was the automobile. 260 dollars for a car.