1. The Roaring Twenties Mr. Doherty / Mrs. T.

4. Warren G. Harding “Back to Normalcy” A return to life as it had been before the war.

5. 1920 Election

6. The Ohio Gang  Group of Harding’s friends who became cabinet members & used their power as ways to enrich themselves.  Became notorious for many scandals.

8. Teapot Dome Scandal  Two oil executives bribed Secretary of Interior, Albert Fall, who leased Gov’t land in California and Teapot Dome, Wyoming.  Albert Fall was sent to prison.

9. SCR Page 2

10. 1923 Harding Dies of Heart Attack

12. Recession  Recession is an economic slump Lower Income Less Consum ption Decline in Producti on / Employ ment

13. New Inventions

14. Advertisements

16. Economic Growth  Much of the economic growth of the 1920s was created by sales of new goods.

17. Installment Buying  Buying items on credit.  Pay back the amount you owe plus interest.  “Buy now pay later”

18. SCR Back of Page 2

19. Bull Market  1920’s, more people are investing in stocks than ever before.  Some people became rich almost overnight.  Bull Market – A period of increased stock trading and rising stock prices.

20. Kellogg-Briand Pact  Disarmament – Reduction of armed forces and weapons of war.  U.S. and 61 other nations signed the Kellogg-Briand Pact that outlawed war.  Did not set up any means to keep the peace  Treaty failed