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| 1920, March 5 |
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| Norway joined the League of Nations. | 1 |
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| 1921 |
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| The Storthing established prohibition after a plebiscite in 1919 showed great popular support. A second popular vote in 1926 swung the opposite direction, and prohibition was repealed in 1927. | 2 |
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| 1924, Oct. 20 |
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| In the elections the Conservatives emerged victorious, with 54 seats as against 34 for the Radicals, 22 for the Agrarians, 24 for the Labor Party, and 8 for the Socialists. | 3 |
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| 1927, Oct. 17 |
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| In the next elections, however, the Labor Party for the first time became the strongest group (59 seats as against 31 for the Conservatives and 31 for the Liberals). The first Labor government was organized by Christopher Hornsrud but was soon forced out by its opponents (Feb. 10, 1928). Thereupon Johan Mowinckel (Liberal) formed a cabinet. | 4 |
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| 1928 |
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| Novelist Sigrid Undset (1882–1949) won the Nobel Prize for literature. | 5 |
| The government instituted a state-controlled grain monopoly, which meant both price regulation and subsidies to farmers. Throughout the 1920s the Norwegian economy struggled. During the last half of the decade bankruptcies ran into the thousands. Unemployment rose to 25 percent in 1927 and, when Norway went back on the gold standard in 1928, causing deflation, attempts to reduce wages in proportion to falling prices caused serious labor disturbances. | 6 |
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| Jan. 18 |
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| Annexation of Bouvet Island. | 7 |
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