The Roaring Twenties

Unit 8

Presidents

Boom to Bust1920’s – 1930’s

Election of 1920

• Republican Warren G. Harding becomes the 29th President.

• Calvin Coolidge becomes the Vice President• This is the 1st national election women have

the right to vote• On Aug. 2, 1923 Harding dies and Coolidge

takes over.

Teapot Dome Scandal

• Oil fields in California and Wyoming• Secretary of the Interior, Albert Fall– Cabinet position

• Named for a rock formation in Wyoming

President Calvin Coolidge

• On Aug. 2, 1923 Harding dies and Coolidge becomes the 30th president.

• Coolidge is committed to business – – “The chief business of

the American people is business.”

– Laissez faire• He was elected to his

own term in 1924

Farmers

• Farmers suffer greatly in the 1920’s.• Prices of products fall

Supply

Prices