The Roaring Twenties Notes
Key Terms
Xenophobia: Fear or hatred of foreigners or those from different cultures.
Nativism: Preference for native-born citizens over immigrants.
Isolationism: Avoidance of international involvement.
Communism: System advocating for collective ownership and a classless society.
Anarchists: Individuals opposed to all government forms.
City Life
Great Migration: Movement of African Americans to northern cities for better opportunities.
Urbanization led to growth, with skyscrapers symbolizing prosperity.
Liberal Democrats thrived in cities.
Living in Large Cities (e.g., NYC)
Predominantly Democratic.
Suburbia
Mass transportation and cars allowed greater mobility.
Primarily middle and upper-class residents.
Conservative Republicans were more prevalent here.
Rural Life
Declining farm incomes and crop prices.
Less stock market engagement and population mobility.
Amendments
18th Amendment: Prohibition of alcohol sale.
21st Amendment: Repealed the 18th Amendment, legalizing alcohol again.
Notable Figures & Culture
Al Capone: Notorious for illegal activities during Prohibition.
Speakeasy: Illegal bars during Prohibition.
Nosferatu: Iconic horror film of the time.
Women in Society
Flappers: Women who embraced modern dress and social changes, living longer and marrying later.
Involved in multiple scandals and illegal deals during the early 20th century.
A significant bribery scandal involving the leasing of government oil reserves to private companies in exchange for bribes.
Installment Buying: A method of purchasing in which consumers pay for products in small amounts over a scheduled period. This was an early form of credit.
Black Tuesday: The stock market crash that occurred on October 29, 1929, marking the start of the Great Depression.
Bull vs. Bear Markets:
Bull Market: Characterized by rising stock prices.
Bear Market: Characterized by falling stock prices.
Investment Strategy: The primary goal is to sell stocks at a high price and buy at a low
Key Terms
Xenophobia: Fear or hatred of foreigners or those from different cultures.
Nativism: Preference for native-born citizens over immigrants.
Isolationism: Avoidance of international involvement.
Communism: System advocating for collective ownership and a classless society.
Anarchists: Individuals opposed to all government forms.
City Life
Great Migration: Movement of African Americans to northern cities for better opportunities.
Urbanization led to growth, with skyscrapers symbolizing prosperity.
Liberal Democrats thrived in cities.
Living in Large Cities (e.g., NYC)
Predominantly Democratic.
Suburbia
Mass transportation and cars allowed greater mobility.
Primarily middle and upper-class residents.
Conservative Republicans were more prevalent here.
Rural Life
Declining farm incomes and crop prices.
Less stock market engagement and population mobility.
Amendments
18th Amendment: Prohibition of alcohol sale.
21st Amendment: Repealed the 18th Amendment, legalizing alcohol again.
Notable Figures & Culture
Al Capone: Notorious for illegal activities during Prohibition.
Speakeasy: Illegal bars during Prohibition.
Nosferatu: Iconic horror film of the time.
Women in Society
Flappers: Women who embraced modern dress and social changes, living longer and marrying later.
Involved in multiple scandals and illegal deals during the early 20th century.
A significant bribery scandal involving the leasing of government oil reserves to private companies in exchange for bribes.
Installment Buying: A method of purchasing in which consumers pay for products in small amounts over a scheduled period. This was an early form of credit.
Black Tuesday: The stock market crash that occurred on October 29, 1929, marking the start of the Great Depression.
Bull vs. Bear Markets:
Bull Market: Characterized by rising stock prices.
Bear Market: Characterized by falling stock prices.
Investment Strategy: The primary goal is to sell stocks at a high price and buy at a low