A Roaring Economy

In the consumer culture of the 1920s,

people purchased nonessential goods on a regular basis.

A reason consumerism increased in the 1920s was because many working people

earned more money.

During what years did consumerism cause the stock market to grow most?

1924-1929

The US president whose economic policies were connected to the Teapot Dome Scandal was

Warren G. Harding

The land called Teapot Dome in Wyoming was valuable because

it produced oil.

For most of the 1920s, how did the growth of credit affect the stock market?

Investors bought more stocks on margin, and the stock market rose.

An important feature of consumerism in the 1920s was that manufacturers

advertised goods.

While consumerism during the 1920s boosted the economy, it also led to

higher debt

President Harding’s economic policies during the 1920s contributed to the rise of

consumerism

In the 1920s, a reflection of the weakening economy was the growing gap between

the rich and the poor.

Calvin Coolidge’s economic policies during the early 1930s helped people forget about the

A Teapot Dome Scandal.