CCEA A-Level History 4010
England 1509–58AS Unit 1
England 1603–49AS Unit 1
Britain in the Age of Reform 1830–80AS Unit 1
Italy and Germany 1815–71AS Unit 1
Germany 1919–45AS Unit 1
Spain and Europe 1556–98AS Unit 2
The Ascendancy of France in Europe 1660–1714AS Unit 2
Ireland 1823–67AS Unit 2
France 1815–70AS Unit 2
Russia 1914–41AS Unit 2
Italy's Quest for Great Power Status 1871–1943AS Unit 2
Crown and Parliament in England 1625–1714A2 Unit 1
Ireland Under the Union 1800–1900A2 Unit 1
The Causes and Consequences of Great Power Conflict 1848–1945A2 Unit 1
The American Presidency 1901–2000A2 Unit 1
Clash of Ideologies in Europe 1900–2000A2 Unit 1
England 1558–1603A2 Unit 2
Ireland 1685–1714A2 Unit 2
Ireland 1778–1803A2 Unit 2
Partition of Ireland 1900–25A2 Unit 2
The American Presidency 1901–2000
Laissez-faire, the boom and the Wall Street Crash
- 3 things to know
- A2 Unit 1
Overview
Fordney-McCumber Tariff, teapot Dome scandal and hoover's philosophy of rugged individualism.
What you need to know
Answer each one before you reveal it.
What is meant by laissez-faire?
How did Andrew Mellon apply the doctrine of laissez-faire?
Questions from this subtopic
Each one with the model answer underneath.
- 1
What did Harding mean by a return to normalcy?
Model answer
Harding promised in 1920 to abandon crusades and reform and to leave business alone, returning to the limited government of the years before Wilson.
- 2
What is meant by laissez-faire?
Model answer
Laissez-faire is the doctrine that government should leave the economy to regulate itself, keeping taxation, spending and regulation to the minimum.
- 3
How did Andrew Mellon apply that doctrine?
Model answer
As Treasury Secretary throughout the 1920s Mellon cut income taxes repeatedly, especially on high incomes, and reduced the national debt, arguing that money left with investors would create prosperity for all.
- 4
What was the Fordney-McCumber Tariff?
Model answer
The Fordney-McCumber Tariff of 1922 raised import duties sharply to protect American manufacturers, and provoked retaliation against American exports.
- 5
What was the Teapot Dome scandal?
Model answer
Teapot Dome was the corrupt leasing of naval oil reserves by Harding's Interior Secretary in return for bribes, and it became the worst scandal of the decade.
- 6
How did Coolidge understand the presidency?
Model answer
Coolidge believed the office should intervene as little as possible, declared that the business of America was business, and left the boom to look after itself.
Other ways to work this
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Every question in The American Presidency 1901–2000, on a schedule.
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