Background Info Flashcards

1
Q

Who was Warren Hardning

A

President in 1921, capable and moderate

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2
Q

Who dominated Harding

A

Andrew Mellon (lassiez-fair sec of treasury)

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3
Q

What was the teapot dome scandal

A

Wyoming, officials in republican administration accused of corruption in leasing oil reserves

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4
Q

Why were the US isolationist at this time

A
  • Lost over 100,000 Americans in WW1
  • USA refused to join LoN
  • Harding promised return to normalcy
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5
Q

What caused the boom

A
1922 Fordney McCumber Tariff (Taxes on imports)
Low taxes (more money to spend)
Rugged individualism
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