The Roaring 20’s Part 1 Review

Directions: Under each complete the phrase, answer the question, fill in the blank, or define the definition.

How does organized labor affect the US after WWI? After the war because of scarcity of goods and the high demand for goods inflation ran rampant. With inflation causing workers to be unable to buy goods, workers strike for high wages.

What was the Red Scare? Labor Strikes and revolutionary activity abroad led to first Red Scare which was a wave of fear in US of suspected communist and radicals plotting against the US gov

How does the Red Scare affect immigration policy? Red Scare added fuel to Anti-Immigration debate with nativist arguing that immigrants from Southern and Eastern Europe were bringing in their revolutionary ideas

How does Warren Harding return the US to a policy of pro big business? Harding favored a return to a laissez-faire approach to gov involvement in business instead of the reforms of the progressives. Harding’s problem as President was that he entrusted a lot of his decisions to friends which left him open for corruption which included the tea-pot dome scandal were his Sec of the Interior got oil reserves transferred from Navy to his interior and then leased it to private oil for money

Describe the Tea Pot Dome Scandal: was an unprecedented bribery scandal and investigation during the White House administration of United States President Warren G. Harding.

How does ford improve the auto industry? Ford hired scientific management experts to look at every step of manufacturing process in order to reduce time, effort, and expense

How does the expansion of the automobile industry lead to improvements in the US? Auto related industries like steel and oil experienced boom with new effort to find new oil reserves. Road construction and businesses like service stations, diners, and motels also experienced boom. Auto boom saw decline in other forms of transport

How does easy credit aid in the economic boom? Fueled by new ways of buying, people who did not have the cash to buy could by on credit which was easily obtained. Americans also bought stock on credit, called buying on margin, people paid only 10 % of stock upfront, led to rising stock market prices but created an unstable market.