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Question 1

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How did rapid expansion of the U.S. economy during the 1920s pave the way for the stock market crash of 1929 and Great Depression of the 1930s? What role did government, private industry, investors, and consumers play in the rise and fall of the financial system? Answer this question by including more information about the government policy at the time. Talk about Harding and his policies and how they weakened the FTC and Federal Reserve Board. Include information about The Second Industrial Revolution. Mention Henry Ford and the Automobile, how did that change America? Talk about the mechanization of farming. Include the rise of the consumer economy. Growth of purchasing power meant what? You will want to mention investments and loans. Buying on credit and how that impacted the stock market. Lastly, discuss the legacy of WWI. European nations had borrowed so much money from USA, but couldn’t pay it back. Discuss the vulnerability of American banks.

Question 2

Why was it so difficult for President Wilson to maintain American neutrality during the Great War? Why did he decide to enter the war when he did? Talk about Wilson’s pro-British opinion. Talk about our trade relations with the allied powers versus the central powers. Talk about German aggression, the sinking of the Lusitania, the National Defense Act, the Zimmerman telegram. Talk about Wilson wanting to shape the peace, his 14 points, the league of nations. Mention names of people involved.

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