Policies of the Republican Government

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  • Created by: flo.w
  • Created on: 12-04-14 17:21

Laissez-Faire

  • believed the government should interfere as little as possible in the everyday lives of the people
  • the job of the president was to leave businessmen alone to do their jobs
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Tariffs

  • republicans believed in import tariffs which made it expensive to import foreign goods
  • in 1922, Harding introduced the Fordney-McCumber tariff which made imported food expensive in the USA
  • these protected businesses against foreign competition
  • began closing it's borders to foreign immigrants
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Low taxation

  • taxes were lowered as much as possible
  • bought benefits for working class people, but more to the wealthy
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Trusts

  • huge super corporations which dominated industries
  • allowed the trusts to do what they wanted
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