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Prosperity and Depression (1919-1939)

AB
Red Scare (1919-1920s)Fear of immigrants and a communist revolution spread throughout America.
Normalcy and Isolationism (1920s-1930s)The American peoples want a return to the good old days and to stay out of foreign affairs.
Laissez-faire and Tax Cuts (1920s)The economic philosophies of the Republican president Harding, Coolidge, and Hoover.
Teapot Dome Scandel (1923)Harding administration scandel involving a cabinet member, bribery, and oil.
High Tariffs (1922 & 1930)The Republicans imposed high import taxes with the Fordney-McCumber Tariff and the Hawley-Smoot Tariff. Reduced foreign trade.
Speculation and Buying on Margin (1920s)Borrowing money to buy stock with the hope of making big profit.
Hoover's Rugged Individualism vs. FDR's Direct Relief (1930's)Two totally different economic philosophies on how to deal with the Great Depression.
Scopes Trial (1925)A legal battle involving the teaching of evolution. Became a battle between science and fundamentalist religion.
FDR's New Deal (1930's)Called for the 3 R's (relief, recovery, and reform) and deficit spending to create jobs.
Second New Deal (1935)Promoted labor unions activity (Wagner Act) and provided assistance to the elderly and dependent mothers (Social Security).


Instructional Technology Facilitator
Surry County Schools

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