A | B |
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). |