During the 1920s there were many social, political, and economic impacts on the United States. These impacts greatly affected America, and were a great change of pace after the recent war. Many new ideas surfaced during this time, and America looked as though it was taking a turn for the better. The 1920s, also known as the "Roaring 20s" or "Jazz Age," was a decade of exciting changes.
Politically, the 1920's government started out rough but then got back on their feet. In 1915 Warren G. Harding ran for and won the presidency. During his campaign he had promised "a return to normalcy." The Americans welcomed Harding's laid back atmosphere, a good change from Wilson's gloomy one. Harding made many changes to the cabinet, some very good and some very bad. The bad ones seemed to nake more of an impact, as the Harding administration was known for its numerous scandals. Some of the most well-known scandals were the Forbes Scandal, the Teapot Dome scandal, and the Daugherty scandal.
In June of 1923 Harding left to tour the West, and just two months later he died of a heart attack. His vice president, Calvin Coolidge was then sworn into office. Calvin distanced himself from the Harding administration, whose scandals disgusted him, but he kept on the cabinet Charles Hughes, Herbert Hoover, and Andrew Mellon. Coolidge's presidency went well and he was even elected for another term. He believed that prosperity rested on business leadership, and it was the government's job to interfere as little as possible with business and industry.
Economically, the 1920s boomed. Herbert Hoover and Andrew Mellon were a big cause of this growth. Mellon's three goals were to balance the budget, reduce the government's debt, and to cut taxes. In 1921 Congress created the Bureau of the budget to prepare a unified federal budget, and the General Accounting Office to track spending. Mellon's tax policy was supply side economics, whic is the theory that lower taxes will boast...