Discuss the rise of a consumer economy in the 1920s What factors drove

Discuss the rise of a consumer economy in the 1920s

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1.Discuss the rise of a consumer economy in the 1920s: What factors drove consumption and how did it transform American culture during that decade? 2. Herbert Hoover has been portrayed as a stand part conservative. He has also been portrayed as the “last progressive.” Evaluate the presidency of Herbert Hoover by exploring his policies. Which, in your opinion, is closer to the truth: reactionary or progressive. Keep in mind his policies as commerce secretary, his position on the function of the federal government and the policies her he implemented as president. He encouraged businesses not to cut wages or lay off workers in order to maintain individual purchasing power, critical to a stable economy. The plan failed due to the reality that businesses could not continue to pay a constant wage while demand dropped to a level that required lower prices. Companies had to lay off workers which only created a higher unemployment rate A balanced federal budget. Instead of increasing taxes to increase revenue, Herbert Hoover felt that cutting taxes would encourage more spending. Herbert hoover was known as a bad president by the public. He had not tried his hardest to help the American citizens through the depression. And many policies he created didn't help the economy. 3.Compare and contrast the response to the Great Depression by Herbert Hoover and Franklin D. Roosevelt. How did each president view the causes of the Depression?
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