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President who ran on the slogan Return to normalcy. Nickname of his cabinet. Head of the veterans affairs that stole 200 million dollars. Sec of interior who went to jail over the Teapot Dome Scandal.
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Sec of interior who went to jail over the Teapot Dome Scandal
Took money from a german agent so they could regain their chemical plant that the US captured during thr war
Who flew across the atlantic ocean in a solo flight and landed in Paris
Who was Andrew Mellon? Hoover’s Sec. of Treasury What did Mellon believe? Government should be run like a business
What were three steps in the Mellon Plan? Cut government spending Refinance war debt Lower interest rates Explain the theory of Supply Side Economics. Lower taxes mean businesses and individuals have more money to invest and spend. This will grow the economy and government will actually collect more taxes.
What was Cooperative Individualism? Hoover’s plan to promote economic growth by having government agencies work with businesses. Explain the Dawes Plan? The US loaned $ to Germany, who then paid it to the Allies as reparations, who in turn paid back war debt to the US.
What were the two main points of the Washington Conference? Reduce the size of navies Keep an Open Door trading policy in Asia What was the point of the Kellog-Briand Pact? To have countries pledge to solve problems through diplomatic means rather than by war.