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Modern History - USA Notes

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This document covers the hsc syllabus dot points for the elective "USA 1919-1941".

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34 Pages Complete Study Notes > 2 Years old
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Topics this document covers:
Economy Great Depression in the United States Great Depression Systemic risk World economy Smoot–Hawley Tariff Act Fordney–McCumber Tariff Unemployment New Deal Wall Street Crash Tariff Act Herbert Hoover Robert Goldstein ▪ Eg
This is a Complete Set of Study Notes

Complete Study Notes typically cover at least half a semester’s content or several topics in greater depth. They are typically greater than 20 pages in length and go into more detail when covering topics.

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Topics this document covers:
Economy Great Depression in the United States Great Depression Systemic risk World economy Smoot–Hawley Tariff Act Fordney–McCumber Tariff Unemployment New Deal Wall Street Crash Tariff Act Herbert Hoover Robert Goldstein ▪ Eg
Sample Text:
• Warren Harding and Calvin Coolidge cultivated a new relationship between government and business- They believed in a laissez-faire economy. Coolidge - ‘The business of America is business’ o Led to growth in investment, corporate concentration and expansion of economic growth. • Herbert Hoover on the other hand, believed in a voluntary co-operation by private Americans with the support of government (neither laissez-faire or economic planning, govt. intervention). • Overall, Republican economic policies in the 1920s were based on the theory of laissez-faire but often involved the use of high tariffs to protect American industry. Harding and Coolidge policies: • Believed in limiting government interfe...
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