- Increased productivity due to invention and adoption of assembly line, Henry Ford
- Use of electric motors and oil
- Government policy favours the growth of big business
- Decreased demand of crops after war, farmers expanding their lands are now on debt
- Mechanisation of agriculture increased production, which again lowered the price
- Open shop - companies employing non-union workers
- Welfare capitalism - business improved employers' welfare to remove the need of union
- Strikes led by union usually failed
APUSH Timeline: WW1 - WW2
Business prosperity in 1920s
Sep 1, 1939, Germany invaded Poland
- Beginning of WW2 in Europe
1929: Stock market crash
Causes
- Uneven distribution of income
- Excessive use of credit
- Overproduction of consumer goods
- Weak farm economy
- Government policies
- Global economic environment
- Followed by the rapid rising in 1928, the collapse in 1929 was a big shock to the population. People lost their confidence in the stock market and took out their investment, resulting further boom.
- The crash triggered the Great Depression, but is not the only cause of it.
1945: German Surrender
Fireside Chat
Jan 1919: The Peace Confernece, Paris
June 28, 1914, Sarajevo
- Hitler committed suicide on April 30
- Unconditional suurrender of Nazi on May 7
- German concentration camps and the Holocaust were discovered which shocked the world
- A Serbian terrorist assassinated the heir apparent to the throne of the Austro-Hungarian empire
- Sarajevo was in Bosnia, the province that - to Serbia's anger - had been annexed by Austria-Hungary in 1908
- Austrian government invaded Serbia on July 27
- As Austira's ally, Germany declared war against Russia and France, allies of Serbia, then invaded neutral Belgium as the fastest route to Paris
- Britain declared war against Germany
- The Big Four: heads of states of Britain, France, Italy, US
- Wilson advocated for his Fourteen Points which influenced the Peace terms in the Treaty of Versailles
Sit-down Strikes
March 4, 1933: First New Deal - the First Hundred Days
- Companies still resisted union demands.
1920s' Cultural Change
- the three R's - Relief, Recovery, Reform
- Bank Holiday March 6, 1933 until government reorganized them on a sound basis
- Repeal of casually-violated Prohibition by the ratification of the 21st Amendment
- Fireside chats March 12, 1933 to assure the public. The public responded as hoped, with the money deposited in the reopened banks exceeding the money withdrawn
1921: First Immigration Quota
1945: Japan Atomic Bombs
- A maximum of 357,000 new immigrants a year
- Canadians and Latin Americans were exempt from restrictions
- Jazz
- Consumerism in middle class - automobile, radio, washing machine
- Hollywood
which subsequently changed the lifestyle and gender role of women, especially middle class women
- Manhattan Project
- August 6 on Hiroshima
- August 9 on Nagasaki
- September 2, Japan officially surrendered
April 4, 1917: Declaration of War
1938: Fair Lobor Standards Act
Hoover's Response
1935-1940: The Second New Deal
- Selective Service Act (1917) 2.8 million men
- 400,000 African Americans
As for public opinion...
- Propaganda agency called the Commitee on Public Information
- Espionage and Sedition acts
Migration of Mexicans and African Americans to north
- A minimum wage
- A maximum workweek of 40 hours
- Child labor restrictions on those under 16
- The First New Deal focused on recovery, while the Second New Deal focused on relief and reform.
- Raise tariff (Hawley-Smoot Tariff) 1930, highest in history
- Moratorium(suspension) on payment of international debt from WW1, 1931
- Reconstruction Finance Corperation (RFC)
key business, infrastructure, top-down to small business, ineffective
1919:Prohibition Law
- Strict prohibition of manufacture and sale of alcohol.
Nov 11, 1918: End of WW1
1921: Washington Conference
1932: Protest
1937: Supreme Court
1925: the Scopes Trial
- Disarmament and Peace
- Five-Power Treaty
- Four-Power Treaty
- Nine-Power Treaty
- Debate between South religious fundamentalists and North modernists
- Tennessee banned teaching Darwin's theory of evolution in public schools. John Scopes, a Tennessee biology teacher was arrested for doing that. On the trial, Scopes made fundamentalist's representative William Jennings Bryan, a three-time Democrats candidate for president, look foolish.
- Unrest on the farms
- Bonus march in Washington DC, WW1 veterans demand immediate payment of the bonus promised them at a later date(1945).
- 1935 The Supreme Court decided that FDR's NRA and AAA programs are unconstitutional. Republicans and many democrats accused FDR to be wanting to be a dictator.
- Ironically, by 1937 on the court, FDR's opponents have already retired, and his programs got upheld by the Court.
Dec 7, 1941: Japanese attack Pearl Harbor
- US initially kept neutral and passed several Neutrality Acts in 1930s.
- However, US's relationship with Japan had become increasingly strained since Japan's invasion of China and its ambition of taking over Southeast Asia.
- US declared war against Japan on Dec 8.
- Three days later, Germany and Italy honored their treaty with Japan by declaring war on US
1920: Rejection of the treaty
1935: Passage of the Social Security Act
Prosperity of Ku Klux Klan(KKK)
- Senate rejects Versailles Treaty and League of Nations
- Nineteenth Amendment (Woman Suffrage) is ratified
- A federal insurance program based upon automatic collectio of tax from employees and employers throughout their career time
- Extreme nativism, against blacks, Catholics, Jews, foreigners, suspected Communists
Farmer and labor problems
April 12, 1945: Death of FDR
1916: President Wilson Elected (Democrat)
Recession in the late 1930s
- "Peace without victory." America was neutral to the war
However...
- Lusitania Crisis, sinking of the ship entered Germen's "war zone", 128 Americans drowned, with the addition of further several sinkings
- America's closer connection with Britain
- Mexico's alliace with German
- Russian Revolution
- Government policy discouraged conser spending
- Keynesian economics
- But beginning in 1938, fears about Nazi Germany diverted attention from domestic concerns towards foreign affairs