Post Harding Flashcards
Coolidge, Hoover (23 cards)
Who was elected after Harding?
Calvin Coolidge
What did Coolidge combine?
Laissez-faire with morality to restore faith in the Republican party
What was different about Congress?
He let Congress go its own way
What happened during Coolidge’s presidency?
Era of boom and prosperity
What did people begin to feel?
That Republicanism was working
Who took over after Coolidge?
Herbert Hoover
What did people start to realise?
America’s economic and social problems were growing
What was in Hoover’s election campaign?
- Republicans had eliminated poverty
- Encouraged equality
- Restored the economy
= Main argument was that Democrats would ruin all of this
How did Hoover give the laissez-faire policy a spin?
Allowed people more responsible freedom of themselves
What did Hoover call this theory?
Rugged Individualism
What did he define Rugged Individualism as?
Those who can look after themselves and still achieve the American Dream
What did people believe about government support?
People were weakened by it as they became too reliable on it
What did people believe the government should do instead?
Introduce deregulation of working hours and wages
What did people not want the government to interfere with?
Jobs and homes
What did people believe about isolation?
The USA should isolate itself from other countries
What did people believe about immigrants?
Immigrants were responsible for the rise in unemployment after WW1
What happened in 1929?
Great Depression
What led to the Great Depression?
Underlying ‘boom’ problems and the rocky instability of share trading
What happened in the Great Depression?
Unemployment soared, loss of homes, banks and businesses
What policy had Herbert Hoover stuck to?
The laissez-faire policy
Why had Herbert Hoover stuck to this policy?
People at the time thought the Great Depression would improve far sooner than it did.
What did Republicans favour?
Leaving the economy to sort itself out since they had a similar experience
What was the Republicans similar experience?
Post WW1 there was a short depression that lasted 18 months.