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Chapter 21 A Return To Normalcy

Chapter 21 A Return To Normalcy. The Administration of Warren G. Harding. Characteristics of Harding and his administration. 1.Ran on the slogan: Return to Normalcy

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Chapter 21 A Return To Normalcy

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  1. Chapter 21 A Return To Normalcy The Administration of Warren G. Harding

  2. Characteristics of Harding and his administration 1.Ran on the slogan: Return to Normalcy 2.Cabinet was known as the OHIO GANG. The Ohio Gang was made up of friends from Ohio. They smoked, drank, and played poker.3 Many Cabinet members used their positions for political corruption

  3. Harding said” I have no trouble with my enenimes,its my friends who keep me up at night” • Charles Forbes. Sold scarce medical supplies from veterans hos • hospitals and kept money (250 million) to himself • Albert Fall . Allowed private interest to lease land containing navy oil reserves at Teapot Dome Wyoming. In return ,Fall received 300,000 in bribes. Fall is first cabinet officer to go to jail because of the Teapot dome Scandal.

  4. More Crooks • Attorney General Harry Daugherty took bribes from a German agent to get the company back that the U. S. seiged during the war. • All this corruption forced Harding to take a vacation (cruise) to Alaska where he died from a heart attack. Eleceted in 1920 0 factor curse? • Calvin Coolidge takes over.

  5. President CoolidgeKeep Cool With Coolidge • Nickname Silent Cal. Women bet him at a party that she could get him to say more than 2 words. His reply “you lose” • Believed that the business of America was BIG BUSINESS. • Believed in laissez- faire economic policy • Said four-fifths of all our troubles in this life would disappear if we would only sit down and be still.

  6. Business BoomRise of New Industries Consumer economy:one that depends on a large amount of buying by consumers. People who consume products. Buying on credit: installment plan. Allows people to make partial payments. It encouraged people to buy who otherwise would not even though they had to pay interest charges.

  7. Electric Power Who invented the light bulb? The General Electric Company was formed which sold a variety of products; such as,electrictoasters,ovens,sewingmachines,coffeepots,ironsandvaccum cleaners. What about todays new inventions?

  8. Ford and the Automobile First automobile was built by Daimler. The car was perfected by Henry Ford by creating the model-t. Ford was able to make the car affordable by mass production, using the assembly line. What is an assembly line.?

  9. Interchangable parts. Who came up with this idea? The assembly line spit out a car every 24 seconds. First Model T cost $490 the following it cost $390 All the cars were identical, you could get them in any color as long as it was black.

  10. Why Ford was sucessful Economies of scale. What is this? • Vertical cosolidation What is this • Paid his workers $5 dollars a day.

  11. Industrial growthSpin off s of the car • Roads • Gas stations • Tire businessGlass companies • Hotels motels camp grounds • restaurants • Car dealerships • What others

  12. Rise of industries continued Airline Industry Air Commerce Act provided federal aid for building of airports Charles Lindbergh flew over the Atlantic Ocean 33 hrs Spirit of St Louis. Amelia Earhart wanted to fly around the world her plane disappeared and has never been found

  13. Radio industry Edwin Armstrong invented a special circuit that made long –range transmission of voice and music practical KDKA Pittsburg first radio station in USA National Broadcasting Company (NBC) Federal radio commission regulate over 700 stations Columbia Broading System (CBS)

  14. Mass advertising Created appealing persuasive messages that linked clients products with qualites associated with the modern era. Purpose of advertising is to get you to by something that you don’t need. Or to buy a their product over someone else’s

  15. Welfare capitalism Companies allowed workers to buy stock,participate in profit sharing and receive benefits such as medical care and pensions.

  16. Farm Crisis What caused the crisis? Automobile End of war Technology Fordney –McCumber actin 1922

  17. Helping farmers McNary-Haugen Bill Called for the federal government to purchase surplus crops and sell them .

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