Chapter 20 Section 2 Notes
1. _________________________________ – Secretary of the Treasury under President Harding;
favored low taxes, a balanced budget, and less business regulation
2. ________________________________ – Secretary of Commerce; favored voluntary
cooperation between businesses and workers
3. ________________________________ – Secretary of the Interior Albert Fall took bribes in
return for leasing federal oil reserves to private companies
4. ________________________________ – quiet, frugal, and honest president who took office
when Harding died
5. ______________________________________________________________ –meeting in which
nations agreed to limit construction of large warships
6. _______________________________ – agreement to outlaw war as an instrument of national
policy
7. _______________________________ –loan program to help Germany make reparations to
England and France so that those countries could repay wartime loans to U.S.
8. Presidents ___________________________________ and ____________________________
favored conservative policies that aided business growth.
9. Foreign policy during this time was largely a response to the ____________________________
of World War I.
10. In 1920 Warren G. Harding was elected President, promising a
“_____________________________________________.”
11. Unlike ______________________________________, Harding favored business interests and
reduced federal regulations.
12. His Secretary of the Treasury __________________________________ was for low taxes and
efficiency in government.
13. Mellon cut the federal budget from a wartime high of _______________________________ to
______________________________.
14. Secretary of Commerce ____________________________________________ sought voluntary
cooperation between labor and business.
15. Instead of relying on legislation to improve labor relations, Hoover got ___________________
___________________________ leaders to work together.
16. Harding was a popular, ______________________________________________________ who
trusted others to make decisions for him.
17. Some advisors, such as Mellon and Hoover, were ____________________________________
________________________________ _____________________________________.
18. Others, including a group known as the “___________________________________________,”
were not so civic-minded.
19. Some ______________________________________of Harding’s Administration
20. ________________________________, head of the ___________________________________,
wasted millions of dollars on _____________________________________________________.
21. Attorney General ____________________________________ accepted money from criminals.
22. Secretary of the Interior _______________________________________ took bribes in return
for federal oil reserve leases.
23. The ___________________________________________ scandal became public.
24. In 1921, Fall took control of federal oil reserves _____________________________________
______________________________.
25. He then leased those reserves to _________________________________________________.
26. Fall was sent to _________________________________.
27. President Harding did _____________________________________ all of the scandal’s details.
He died in ______________.
28. In August 1923, Vice President ___________________________________________________
became President.
29. Coolidge was a _______________________________________________________ Vermonter.
30. As President, he admired _________________________________________________ leaders.
31. “___________________________________________” was sworn in to office by his father.
32. Coolidge believed that “_________________________________________________________
_______________________________________.”
33. Not everyone shared in the ______________________________prosperity.
34. Farmers struggled as______________________________________________ prices fell.
35. Labor unions fought for ________________________________________________ and better
_____________________________________________________.
36. ______________________________________ and ____________________________________
faced severe discrimination.
37. Coolidge ignored such issues, believing it was not _____________________________________
_____________________________ to legislate social change.
38. Under _________________________________________________________, the United States
assumed a new role as a world leader.
39. Much of U.S. foreign policy was a response to ________________________________________
devastation.
40. The ____________________________________________________________________ limited
construction of large warships.
41. The _______________________________________________________, signed by 62 countries,
outlawed war.
42. But the ___________________________________________________ to join the World Court.
43. During this period the United States also became a ____________________________________
leader.
44. To protect American businesses, Harding raised _______________________on imported goods
by 25%.
45. European nations __________________________________, creating a tariff war.
46. The _______________________________ loaned money to Germany so that Germany could
pay reparations to Britain and France; in turn, those countries could repay the U.S. for
_______________________________________.