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What Made America Prosperous in the 1920's?
Member rating: No Rating | Words: | Submitted: Fri Mar 05 2004
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What Made America Prosperous in the 1920's? Unlike the other countries involved in the First World War, the USA emerged without any major drainage of her resources. Because the USA had elected to stay out of European affairs at first, they only joined in the conflict towards the end, when their own interests were being threatened. Seeing as, unlike the other nations involved, America hadn't had to finance their nation through the entire war, the start of the 1920s saw America relatively unscathed by the war, which had bankrupted other countries. This meant that the country could get on with building itself up while the European powers where still picking themselves out of the rubble. The key to America's prosperity was the Republican Party, whose policies allowed the USA to grow into a huge industrial nation. The party practised a policy known as "laissez-faire" - literally "leave alone" - that dictated...
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