Researching the Twenties
Area One: Politics and Government
The Harding, Coolidge, and Hoover administration can be summed up as more of a “hands off” approach to running the government. Harding was corrupt with the Teapot Dome scandal, Coolidge didn’t want to mess with businesses in our economy, and Hoover got blamed for the Great Depression. The Teapot Dome scandal involved the Secretary of the Interior Albert B. Fall, appointed by Harding, who was leasing Navy petroleum reserves and making bribes with oil companies. The Teapot scandal along with the bonus bill veto gave Harding a bad reputation. The bonus bill was a bill to give compensation for veterans who served in the military. It paid $1.00 a day for those who served in the US, and $1.25 a day for those who served over seas. It had a maximum payout of $500.00 to $625.00. As good as this might have been, Harding ultimately vetoed the bill for it being fiscally irresponsible. The 19th amendment had a big effect both sexes to win elections. The Hawley-Smoot tariff was passed by Hoover in 1930. It raised the tariffs in the US and many economists believed that it increased severity of the Great Depression. Area Two: Economics
Henry Ford revolutionized the way factories worked with his system of an assembly line. The assembly line had workers working individually on one job and one job only all day to put together automobiles. Ford’s system was very effective as he could produce many reliable cars that an average family could afford. With new farming techniques, production was on the rise and many farmers left the agricultural industry to work in factories. Workers were starting to receive benefits such as pensions and longer work vacations. Most employers wanted to keep the production costs low even though the workers’ wages were increasing. In the early 20th century electricity was starting to be used in factories, majority of the factories using this electricity was Ford’s company. They were using the...
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