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american government cancells arms contracts with war companies, companies loose money, american economy spirals down.
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16 January 1920- voslsted act goes into effect at midnight- closes every tavern, bar and saloon in the us, and prohibits the consumption and sale of alcoholic beverages
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cities more populated than farms, first time in american history that this has happened. economy improving.
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guaranteed voting rights for women.
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Pittsburgh, Pennsylvania the KDKA radio station created. 3 years later more than 500 stations.
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costs $260 per car. cheap labor, easy to make cars fast.
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conflicts in the decade= (1) city dweller vs. small town folk, (2) religious disputes, catholics vs. protestants (3) racial tension, blacks vs. whites (4) flapper vs. tradition
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investors sell of shares and stocks-a record12.9 million shares were traded on the 24th which is now black Thursday. 5 days later (black Tuesday) 16 million more shares where traded.
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beat Herbert Hoover in the election
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by 1933 15 million American were unemployed and half the countries banks had failed.
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congress passed social security act. government wanted to prevent this from happening in the future. (your money is put away by the government)