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american pageant ch 33-42 (from teacher site)

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US History
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33 The Politics of Boom and Bust ??? 1920?1932 We in America today are nearer to the final triumph over poverty than ever before in the history of any land. We have not yet reached the goal?but . . . we shall soon, with the help of God, be in sight of the day when poverty will be banished from this nation. HERBERT HOOVER, 1928 Three Republican presidents?Warren G. Hard-ing, Calvin Coolidge, and Herbert Hoover? steered the nation on the roller-coaster ride of the 1920s, a thrilling ascent from the depths of post? World War I recession to breathtaking heights of prosperity, followed by a terrifying crash into the Great Depression. In a retreat from progressive reform, Republicans sought to serve the public good less by direct government action and more through

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