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The%20Roaring%20Twenties

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The Roaring Twenties Mr. Doherty / Mrs. T. Warren G. Harding 1920 Election The Ohio Gang Group of Harding s friends who became cabinet members & used their power as ... – PowerPoint PPT presentation

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Title: The%20Roaring%20Twenties


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

2
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3
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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 Hardings friends who became cabinet
    members used their power as ways to enrich
    themselves.
  • Became notorious for many scandals.

7
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8
Teapot Dome Scandal
  • Two oil executives bribed Secretary of Interior,
    Albert Fall, who leased Govt land in California
    and Teapot Dome, Wyoming.
  • Albert Fall was sent to prison.

9
SCR Page 2
10
1923 Harding Dies of Heart Attack
11
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12
Recession
  • Recession is an economic slump

13
New Inventions
14
Advertisements
15
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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
  • 1920s, 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
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