After the election of Republican candidate, Warren G. Harding, the United States became an economic giant. The US was the richest and most industrialized nation in the world. Although Americans were unsure of the requirements of their new luxurious status, they embraced their economic power as the leading country in the world economically. Other nationalities, especially Europeans, turned to America for money and lines of credit. This lead the US to becoming a creditor nation
After the election of Republican candidate, Warren G. Harding, the United States became an economic giant. The US was the richest and most industrialized nation in the world. Although Americans were unsure of the requirements of their new luxurious status, they embraced their economic power as the leading country in the world economically. Other nationalities, especially Europeans, turned to America for money and lines of credit. This lead the US to becoming a creditor nation