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Chapter 22 A Turbulent Decade. Journal Writing. On a new piece of notebook paper answer the following question: What effect did the transition from wartime to peacetime have on the U.S. economy? Yes, again. This is not a mistake. . Goals.

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Chapter 22 a turbulent decade

Chapter 22A Turbulent Decade


Journal writing
Journal Writing

On a new piece of notebook paper answer the following question:

What effect did the transition from wartime to peacetime have on the U.S. economy?

Yes, again. This is not a mistake.


Goals
Goals

  • Analyze the affect demobilization had on the economy.

  • Analyze the public’s response the union activity in 1919 and 1920.


Some economic concepts
Some Economic Concepts

  • Supply and Demand

    More product than customers, price goes down.

    More customers than produce, price goes up.

  • Power in the workplace

    More jobs than workers, workers have the power.

    More workers than job, employers have the power.


Demobilization
Demobilization

  • Demobilization –transition from wartime to peacetime.

  • Too many workers = unemployment

    = wages

    = women pushed out


Demobilization1
Demobilization

  • Immediately after war lack of product + spending = cost of living

  • Recession during 1920-1921.


Strikes
Strikes

  • Seattle general strike- non-violent general strike to support shipyard workers in 1919.

  • Boston police strike- strike to get recognition of union. All police officers fired and replace by unemployed veterans.

  • Calvin Coolige- Governor who supported firing of Boston police.


UMW

  • UMW- United Mine Workers

  • John L. Lewis - president of UMW.


Red scare
Red Scare

  • Red Scare- period of anticommunist hysteria during 1919 and 1920.

  • Any labor unrest was seen as sign of a Bolshevik like revolution.


Palmer raids
Palmer Raids

  • A. Mitchell Palmer – U.S. Attorney General who launched an anti-communist crusade.

  • Palmer raids- arrest and deportation of immigrants suspected of radical activities.


Nicola sacco and bartolomeo vanzetti
Nicola Sacco and Bartolomeo Vanzetti

Italian anarchists accused of murdering a paymaster and a guard during a payroll robbery.


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