1. TO WHAT EXTENT WERE THE 1920S A TIME OF ECONOMIC BOOM IN THE
... make maximum profits. So, the regulation of business by federal agencies was reduced to a minimum. Government expenditure was kept low. Taxes were cut on high incomes and profits. And, most important, American goods were protected against foreign competitors by tariffs (taxes or "duties" on goods coming into a country). High tariffs make imports more expensive and therefore "protect" goods produced locally. ... sharecroppers - small farmers who had to give a share of their crops to their landlords. Before the First World War, there was a steady flow of blacks to the north and west. The...
- Word Count: 3214
- Approx Pages: 13
- Grade Level: High School