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Download Topic 4b-Government in the 1920s
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Topic 4b-Government in the 1920s • Analyze how the policies of Harding and Coolidge encouraged economic growth • Explain the effects of Teapot Dome and other scandals on the Harding Presidency • Explain the new role of the US following WWI Warren G. Harding • Harding elected in 1920return to Normalcy • No more Progressive reform-encouraged growth of business • Low taxes on individuals and corporation • High tariffs on foreign goods • Laissez-Faire Approach-less regulation of business • Did contribute to growth and prosperity of 1920s Corruption in Harding Administration • Well-liked-not incredibly intelligent • Let friends make big decisions for him-greedy and looking to get rich-wasted taxpayer money on useless things • Teapot Dome-oil reserves moved to Wyoming from Navy Dept.-intended for Navy’s use but instead given to private oilmen for bribes Calvin Coolidge • Harding died-scandals bad for American people • Calvin Coolidge (Silent Cal) next President • No corruption-also no Progressives • Huge tax cuts for richunemployment fell from 6-3% • Still issues • Labor unions-ignored • Mexican-American workers-bad conditions • African-Americans-still being lynched • Cal-Silent US Position Post WWI • US new world power after WWI • US played a big role in world trade/business • Washington Naval Disarmament Conference and Kellogg-Briand Pact-attempt for peace but limited • US lent lots to Britain and France-would not let Britain and France not pay back their debtDawes Plan
