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Quick Question regarding Economic Conditions in 20's

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Lolen4eva's picture
Joined: Oct 2007
Quick Question regarding Economic Conditions in 20's

How did the REpublican party at the time keep their laissez-faire beliefs if they passed the Ford-McCumber tariff? Isn't that NOT laissez-faire? Them getting involved by not allowing foreign competition???

I'm so confused.:confused:


proud2bpinoy's picture
Joined: Aug 2007

During the 20s the Repubs reverted back to their Old Guard, conservative ways, which included laissez-faire. By raising the tariff, the Republican party helps out the corporations, another characteristic of Old Guard Repub, by promoting domestic trade.

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