The Roaring Twenties
The Roaring Twenties HIST 2710-01
Popular in United States History 1877-Present
verified elite notetaker
Popular in History
This 2 page Class Notes was uploaded by Brianna Pollard on Monday February 29, 2016. The Class Notes belongs to HIST 2710-01 at Southern Utah University taught by Dr. Mark Miller in Winter 2016. Since its upload, it has received 75 views. For similar materials see United States History 1877-Present in History at Southern Utah University.
Reviews for The Roaring Twenties
Report this Material
What is Karma?
Karma is the currency of StudySoup.
Date Created: 02/29/16
The Roaring Twenties Modern America Begins Birth of the Modern Economy The economy started to become much more diversified than ever before. We see the service sector start to develop. Some people work in factories, and there are still a lot of Americans in agriculture (farming). Majority of Americans Live in Urban Areas For the first time ever, the majority of Americans live in Urban areas. Note that the census defined a city as holding 2,500 or more people. America Electrified By the end of the decade, many Americans have electricity in their homes. This allows people to have household appliances such as toasters and washing machines. The Automobile Industry Many if not most families own a car by the end of the decade. Getting Better All the Time… The American Federation of Labor This union fought for “bread and butter issues” such as: safe working conditions, better pay, lower working hours, and paid vacations. Welfare Capitalism GE and Ford pioneered welfare capitalism with the idea that happy and healthy workers are productive workers. Welfare capitalism provided for the needs of employees with benefits like: health clinics, pensions, day cares, and gyms. “The Business of America is Business”-Calvin Coolidge Republican Administrations The 20s were largely characterized by having Republican presidents such as Harding, Coolidge, and Hoover. They were pro-business, had a balanced budget, and the US was a creditor nation. (Meaning that other countries borrowed $ from us.) Auto Industry Henry Ford created the Model T car. They were uniform down to the color. He also was the first to use the assembly line to build cars. This and the standardization of the vehicle itself made production much less expensive. He paid his employees $5 a day which was two or three times more than what people with similar jobs at this time would have made.