Roaring Twenties

Question 1

Teapot Dome

Answer 1

Secretary of Interior Albert Fall secretly leased two oil executives government land in California and Teapot Dome, Wyoming.
Result: Fall becomes the first Cabinet official ever sent to prison.

Question 2

“Ohio Gang”

Answer 2

old friends of Harding who filled other Cabinet posts.

Question 3

Corruption and Scandals

Answer 3

Charles Forbes was head of Veterans Bureau and was later convicted of stealing millions form the bureau. Many others scandals surfaced. Many believed that the cause of Harding’s death was due to stress. Harding died in 1923 of a heart attack.

Question 4

Coolidge Prosperity

Answer 4

Coolidge believed that prosperity for all Americans depended on business prosperity. Americans began to buy new consumer products such as: electric refrigerators, radios, phonographs, vacuum cleaner, and many other appliances.

Question 5

“Coolidge Prosperity”

Answer 5

factories switched to making consumer goods, the quantity goods made by industry almost doubled, & incomes rose.

Question 6

Installment buying

Answer 6

buying on credit. For ex., buyers could take home a new refrigerator by putting down just a few dollars, each month paid an installment until they had paid the full price, plus interest.

Question 7

A Soaring Stock Market

Answer 7

The economic boom gave the stock market a boost.