After WWI, 2 million soldiers were looking for work Factories were closing because they were no longer getting orders for wartime goods from European nations
Coolidge cut regulations on businesses Americans’ incomes rose People began to buy refrigerators, radios, vacuums, and other appliances Businesses began to advertise their products “The business of America is business.”
++ = $$ LAISSEZ FAIRE REPUBLICAN ECONOMY SUPPORTED LAISSEZ FAIRE AND BIG BUSINESS………. Lower Taxes Less Federal Higher Strong Spending Tariffs National Economy Fordney-McCumber Tariff Hawley-Smoot Tariff raised the tariff to an unbelievable 60%!!!
Klan membership was 3,000,000–6,000,000 in the 1920s Membership peaked in 1924–25