U.S. Political and Economic Landscape of the 1920s

Harding's 1920 campaign slogan

"Return to Normalcy"

Economic policy promoted during the 1920s

Laissez-faire capitalism and rugged individualism

Red Scare

A period of fear of communism and radical ideas, leading to raids by A. Mitchell Palmer

Cultural movement celebrating African American culture in the 1920s

The Harlem Renaissance

Entertainment milestones in the 1920s

First 'talkie' (The Jazz Singer) and first radio broadcast (KDKA)

Kellogg-Briand Pact (1928)

An agreement among nations to outlaw war as a national policy

General U.S. approach to foreign policy in the 1920s

Isolationism with some international cooperation

Harding's views on government and progressivism

He was not a progressive and favored limited government

Government office created by Harding to manage federal spending

Bureau of the Budget

Major scandal under Harding's administration

Teapot Dome Scandal

Individuals involved in corruption during Harding's presidency

Charles Forbes, Thomas Miller, Harry Daugherty, and Albert Fall

Calvin Coolidge's nickname and approach to leadership

"Silent Cal"; he believed in minimal government interference

Coolidge's major achievements

Tax reduction, national debt reduction, and signing the Kellogg-Briand Pact

Hoover's belief about government's role in the economy

Favored limited government; promoted rugged individualism

Cause of the Great Depression during Hoover's presidency

Stock Market Crash of 1929

Purpose of the Reconstruction Finance Corporation (RFC)

To loan money to banks and businesses during the Depression

Hawley-Smoot Tariff (1930)

A high tariff that worsened the Great Depression by reducing global trade

Infrastructure projects created under Hoover's public works programs

Projects like the Hoover Dam to create jobs