1. Chapter 8 – Section 1 The Politics of the 1920’s
U.S. History
Chapter 8 – Section 1
The Politics of the 1920’s

2. Warren G. Harding Elected President of the U.S. in 1920; Died in 1923.
Promised “a return to normalcy.”
Many of his government appointments were dishonest or inept.
Teapot Dome Scandal (1922)
Died of a heart attack

3. Calvin Coolidge Succeeded Harding in 1923; Served until 1929.
Believed government shouldn’t interfere with businesses.
Supported supply-side economics
Supported isolationist foreign policy

4. Isolationism
A national policy of avoiding involvement in world affairs.

5. Supply-Side Economics
An economic theory that lower taxes will boost the economy as businesses and individuals invest their money, thereby creating higher tax revenue.

6. Dawes Plan (1924)
American banks loaned money to Germany for payment to Great Britain and France, who would in turn pay their debt to the U.S.

7. Kellogg-Briand Pact (1928)
15 nations agreed to abandon war and to settle all disputes by peaceful means.

8. It Matters Because….
Summarize the 3 sentences on page 208.