Under President Warren G. Harding, who served from 1921 to 1923, the U.S. economy experienced a period of significant recovery following a post-World War I recession. Harding implemented pro-business policies, including tax cuts and reduced government regulation, which stimulated economic growth. However, his administration was also marred by scandals, such as the Teapot Dome, which raised concerns about corruption. Overall, Harding's presidency is often associated with the beginning of the Roaring Twenties, characterized by economic expansion and increased consumerism.
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