The 20s Booming Economy 1920-1930
History

Advocates of an anti-authoritarian philosophy that rejects all hierarchies
Anarchists
Advocates of an anti-authoritarian philosophy that rejects all hierarchies. Anarchists. Anarchists believe in a society without government or imposed authority, emphasizing voluntary cooperation and free association.

The 11th Chief Justice and the 44th Secretary of State of the US
Charles Evans Hughes
The 11th Chief Justice and the 44th Secretary of State of the US, Charles Evans Hughes. Charles Evans Hughes was a key figure in early 20th-century American politics, serving as Chief Justice of the Supreme Court and Secretary of State.

A socioeconomic order based upon the ideas of common ownership and the absence of social classes
Communism
A socioeconomic order based upon the ideas of common ownership and the absence of social classes. Communism is a system where the government controls all property and resources, aiming to eliminate social classes and promote equality.

In the 1920s, assembly line production and easy credit made consumer goods accessible to common people
Consumer revolution
In the 1920s, assembly line production and easy credit made consumer goods accessible to common people. Consumer revolution. The consumer revolution was a period when there was a significant increase in the consumption and variety of goods by the general population due to industrial advancements and new purchasing methods.

A plan that resolved what WWI reparations Germany had to pay
Dawes Plan
A plan that resolved what WWI reparations Germany had to pay. Dawes Plan. The Dawes Plan was a 1924 agreement that restructured Germany's reparations payments after World War I to make them more manageable and to stabilize the German economy.

A law that raised tariffs on many imported goods to protect factories and farms
Fordney-McCumber Tariff
A law that raised tariffs on many imported goods to protect factories and farms. Fordney-McCumber Tariff. It was a U.S. law in 1922 that increased taxes on imports to protect American businesses and agriculture.

Buying goods where the buyer makes a down payment and pays the balance, plus interest
Installment plan
Buying goods where the buyer makes a down payment and pays the balance, plus interest. Installment plan. In the 1920s, installment plans made it easier for people to purchase expensive goods by paying over time.

The production of large amounts of standardized products on assembly lines
Mass production
The production of large amounts of standardized products on assembly lines. Mass production. It is a process that revolutionized manufacturing during the Industrial Revolution by making goods faster and cheaper.

A gang of politicians and industry leaders closely surrounding Warren G. Harding
Ohio gang
A gang of politicians and industry leaders closely surrounding Warren G. Harding. Ohio gang. The Ohio Gang was a group of politicians and industry leaders who were involved in corruption during President Harding's administration in the 1920s.

A bribery scandal involving the administration of US President Warren G. Harding
Teapot Dome scandal
A bribery scandal involving the administration of US President Warren G. Harding. Teapot Dome scandal. The Teapot Dome scandal was a major corruption incident in the 1920s where government oil reserves were secretly leased to private companies.

A disarmament conference over interests in the Pacific Ocean and East Asia
Washington Naval Conference
A disarmament conference over interests in the Pacific Ocean and East Asia. Washington Naval Conference. The Washington Naval Conference was a 1921-1922 meeting where world powers agreed to limit naval armaments to prevent military conflicts.