Explain the central features of Republican economic and political conservatism in the 1920s: probusiness government, hostility to progressive social and economic regulation, and high tariffs to isolate the American economy from the troubled world economy.
Contrast Warren Harding and his corrupt cronies with the upright Coolidge and Hoover. Perhaps show how each of the three presidents represented a different emphasis within the general political consensus of the probusiness 1920s.
REFERENCES: John D. Hicks, Republican Ascendancy, 1921–1933 (1960); Joan Hoff Wilson, Herbert Hoover, Forgotten Progressive (1975).
Describe the stock-market crash and the depression. Examine various causes of the depression and indicate its paralyzing effect on ordinary citizens, as well as on the business and political leadership.