Impact of WW1 Flashcards
Harding (26 cards)
Who became president in 1921?
Harding
What had Harding promised?
A return to normalcy
What was normalcy to WASPs?
A return to things before the war
What had happened during Harding’s term?
Short, sharp economic depression
What did Unemployment rise to?
1919 = 950,000
1921 = 5 Million
What increased as a result of unemployment?
Strikes, protests, riots
What was normalcy to Harding?
A stable, steady way of life
Shifting focus back to usa
What shifts did Harding do regarding ‘a return to normalcy’?
- Introduced tariffs to protect US trade industry
- Provide national radio
- Reduce taxes
What was at the back of Harding’s mind?
Solving ‘the race question’
= Ideas to set up a Department of Public Welfare
What term describes putting America first?
Isolationism
What does Harding define Isolationism as?
Being supportive of other nations but not becoming ‘entangled’ with them
What had become a significant word?
‘Buy American’
What was included in Isolationism?
- Trade tariffs
- Immigrant quota
- Not joining League of Nations
What was the Immigration Act called?
1921 Emergency Quota Act
How many immigrants were restricted?
357,000 a year
Revised to 150,000 a year in 1924
What Act did Congress pass to do with restricting aid to other countries?
Neutrality Act
What was a specific tariff name?
Fordney-McCumber Tariff Act
What did Tariffs encourage?
To ‘buy American’
What flourished the economy?
Consumerism
How were consumer goods produced more cheaply?
Hire purchase
What was the result of Hire purchase?
It allowed people to buy consumer goods over extended periods of time
What did economic prosperity lead to?
A boom period
What was Harding’s slogan?
‘Less government in business and more business in government’
What was the notion of laissez-faire?
Minimal gov interreference
