Adam Callow

1920s Unit Day 3 Key Points

1.) African Americans
- Moved north between 1910-1930, factory jobs up north
- Oscar De Priest: first black congressman from the North
- Harlem Renaissance: black intellectuals and writers achieved
Prominence
- Louis Armstrong: performed in-front of all white crowds
2.) Responses to African Americans
- KKK revived, 100% Americanism, limited to white protestants
- Spread north, 40% of all KKK members were in OH, IL, IN
- A KKK write-in nominee almost won mayor of Detroit
- Went after Catholics and Jews as well
- Sex scandal amongst leaders and 1924 immigration led to downfall
3.) Fighting for the faith
- Rise of fundamentalism: clung to Christian doctrines, world is growing
worse
- Fundamentalist-modernist controversy: battle over control of schools
and
Institutions
- Anti-Evolution Crusade: John T. Scopes was employed to teach
evolution
- Eventually convicted for violating Tennessee law, which
stated divine creation had to be taught
- Fundamentalist Successes: Bible Colleges & Seminaries,
o fundamentalist institutions prospered
4.) Technology
- Automobiles : 9 mil in 1920, 27 mil in 1930
- led to rise in suburbs and tourism
- radio: KDKA in Pittsburgh was first station to air
- eventually became high end furniture as well
- telephone, refrigerator, etc.
5.) Economic Impacts
Installment plans: making small monthly payments until the item is paid
for
Speculation: buy cheap, sell hi
Bull market: stock market characterized by rising prices and optimism
On the margin: buy stock through a broker, but pay only a percentage of
the price
6.) Boom to Bust
October 1929, Black Tuesday
6 Causes
Stock on credit caused $8 billion in loans in October
Technology lasted, market shrunk
Buying on credit limits ability to buy
Unemployment rose prior to crash
Loans to Europe going unpaid
Fear led to less buying, cyclical