It Has Been Said That the 1920s Saw a Shift

question 43

Essay

It has been said that the 1920s saw a shift from the old Republican philosophy of small government to a new belief that government ought to actively aid big business. What evidence is there for this view? In what ways did Republican presidents of the 1920s continue to believe that government should keep hands off the economy? Is it reasonable to argue that the political and economic policy and philosophical shift of Republican presidents in the 1920s should be considered merely "old wine in new bottles"? Why or why not is this the case?

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