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20 Cards in this Set
- Front
- Back
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an economic slump
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recession
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political scandal during President Harding's Administration
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Teapot Dome Scandal
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buying on credit
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installment buying
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shares of ownership in a corporation
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stock
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a period of increased stock trading and rising stock prises
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bull market
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an economic system in which all wealth and property are owned by the community as a whole
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Communism
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a 1928 treaty outlawing war
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Kellogg-Briand Pact
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the reduction of the armed forces and weapons of war
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disarmament
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inaugurated on March 4, 1921
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President Warren G. Harding
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secretary of treasury after Harding was elected
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Andrew Mellon
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secretary of commerce after Harding was elected
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Herbert Hoover
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first Cabinet official ever sent to prison
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Secretary of the Interior Albert Fall
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he took over for Harding after he died
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Calvin Coolidge
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What happened from 1923 to 1929?
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1. the quantity of goods made by indusrty almost doubled
2. incomes rose for most Americans 3. many Americans began buying new consumer products |
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they saw government service as a way to enrich themselves
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the "Ohio Gang"
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What happened to the stock market during the 1920s?
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1. more people were investing in stocks
2. people bought stocks on margin, waited until the price rose, and then sold the stock for a profit |
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world's first communist state
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Soviet Union
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U.S., Britain, and Japan agreed to limit the size of their navies
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Washington Conference of 1921
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pacifist group founded by Jane Addams
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Women's International League of Peace and Freedom
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the post-war recession ended when ...
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... factories that had produced the necessities of combat switched to consumer products
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