The seemingly robust economy of the 1920s was founded on
A) Democratic legislation.
B) bipartisan legislation.
C) Republican policies.
D) government control of big business.
E) Keynesian economic principles.

Question

Quizplus · Accepted Answer

The economy of the 1920s was founded on Republican policies, including laissez-faire economics, lower taxes, and reduced government intervention in business affairs. These policies were intended to promote economic growth and prosperity through private enterprise and market forces. While the economy appeared to be thriving during this period, it was also marked by uneven growth, excessive speculation, and a lack of government regulation that contributed to the Great Depression in 1929.

The Seemingly Robust Economy of the 1920s Was Founded on