President Harding supported a renewed isolationism in reaction to World War I, a resurgence of nativism, and turning away from the government activism of the reform era. He created the Washington Naval Conference, which set limits on military build up around the world. He died of a heart attack that some believe to be the result of stress put on him from scandals he was allegedly involved in.
Calvin Coolidge was inaugurated after Harding's death. He made radio history for being the first president to have his inauguration broadcast on the radio. He was also the first president to make a political speech via radio. The last president of the twenties, Herbert Hoover, had to deal with the Wall Street Crash of 1929.
B. SOCIAL
C. ECONOMIC
When President Warren Harding took office in 1921, the national economy was in the depths of a depression with an unemployment rate of 20%. Harding signed the Emergency Tariff of 1921 and the Fordney–McCumber Tariff of 1922. He proposed to reduce the national debt and taxes, protect farming interests, and cut back on immigration. These policies led to the "boom" of the Coolidge years. One of the main initiatives of both the Harding and Coolidge administrations was the rolling back of income taxes on the wealthy which had been raised during World War I. It was believed that a heavy tax burden on the rich would slow the economy and actually reduce tax revenues.
D. TECHNOLOGY
Cars started to become mass produced instead of being a luxury. Radio became the first mass broadcasting medium. They were expensive but worth it. Electrical recording (sound recording) became available.
The late 1920s saw the emergence of Walt Disney. Mickey Mouse made his debut in "Steamboat Willie" on November 18, 1928 at the Colony Theater in New York City. Mickey would go on to star in more than 120 cartoon shorts, not to mention starring in the Mickey Mouse Club, and other specials.
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