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UShist 6.1
Quiz Practice
| Term | Definition |
|---|---|
| Laissez-faire | and economic theory based on the idea that government should keep its hands off of the economy |
| Henry Ford | revolutionized automobile production |
| Margin | purchasing stock with money borrowed from a bank |
| Warren Harding | elected as President in 1920 and died in 1923, before scandals involving his administration became public |
| Charles Lindbergh | the first person to make a solo flight across the Atlantic |
| Albert Fall | Secretary of the Interior who was imprisoned for the Teapot Dome Scandal |
| Government | according to the laissez-faire theory, less of this regulating business would benefit the whole nation |
| Corporations | both Harding and Coolidge adopted policies that benefited these American _____ |
| Imported | The Ford-McCumber Tariff made these goods very expensive |
| Teapot Dome | a scandal that led to one of Harding's cabinet members being imprisoned |
| Coolidge | President who took office when his successor died. Known for his pro-business policies and silent demeanor |