30 likes | 187 Views
The Policies of Prosperity. Chapter 21, Section 3. Andrew Mellon – man behind 1920s economic policy Government should follow business principles Balance budget , reduce debt , cut taxes Supply-side economics Herbert Hoover– Cooperative Individualism
E N D
The Policies of Prosperity Chapter 21, Section 3
Andrew Mellon– man behind 1920s economic policy • Government should follow business principles • Balance budget, reduce debt, cut taxes • Supply-side economics • Herbert Hoover– Cooperative Individualism • Businesses should form their own trade associations Prosperity
Isolationism • Dawes Plan • Naval Arms Race • Washington Conference– Five-Power, Four-Power, and Nine-Power Treaties • Kellogg-Briand Pact– “Abolished War” Foreign Policy