Republican policies Flashcards

1
Q

When was the Republican Party in control of government?

A

1920 - 32

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2
Q

What is laissez-faire?

A

This meant that the government did as little as possible to interfere in people’s everyday lives; businessmen should be free to make profits

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3
Q

What are tariffs?

A

Putting taxes on imports made foreign goods more expensive for Americans to buy than home- produced goods; that helped American industry to thrive

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4
Q

What did low taxation lead to?

A

With lower taxes people would have more money left to spend, which helped industrial growth; rich businessmen benefitted the most

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