The document summarizes major social, political, and economic developments in the United States during the 1920s. Politically, Warren G. Harding promoted business interests and laissez-faire policies. The Teapot Dome Scandal eroded trust in his administration. Socially, the period saw conflict between fundamentalism and modernism, as well as intolerance towards immigrants and minorities. Economically, it was a time of prosperity, consumerism, and speculation fueled by installment buying and easy credit. New technologies like the automobile, radio, and movies also transformed American life during the Roaring Twenties.