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Cancelled Government Contracts
american government cancells arms contracts with war companies, companies loose money, american economy spirals down. -
Period: to
The Roaring 20's
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18th amendment
16 January 1920- voslsted act goes into effect at midnight- closes every tavern, bar and saloon in the us, and prohibits the consumption and sale of alcoholic beverages -
American Cities
cities more populated than farms, first time in american history that this has happened. economy improving. -
19th Amendment
guaranteed voting rights for women. -
first comercial radio
Pittsburgh, Pennsylvania the KDKA radio station created. 3 years later more than 500 stations. -
the ford model T
costs $260 per car. cheap labor, easy to make cars fast. -
conflicts
conflicts in the decade= (1) city dweller vs. small town folk, (2) religious disputes, catholics vs. protestants (3) racial tension, blacks vs. whites (4) flapper vs. tradition -
Stock Market Crash
investors sell of shares and stocks-a record12.9 million shares were traded on the 24th which is now black Thursday. 5 days later (black Tuesday) 16 million more shares where traded. -
Period: to
The Great Depression
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Franklin D. Roosevelt
beat Herbert Hoover in the election -
American Unemployment
by 1933 15 million American were unemployed and half the countries banks had failed. -
Social Security
congress passed social security act. government wanted to prevent this from happening in the future. (your money is put away by the government)