In what ways did the government promote business interests in the 1920s?
During the 1920s, the government was very corrupt and promoted business interests in several ways. At the time, the Republican Party lowered taxes on incomes and business profits, gave high tariffs, and were anti-union. Another example of the government promoting business interests was the scandal that occurred during the Harding administration. In this scandal, the Secretary of the Interior, Albert Fall, accepted approximately $500,000 from a private business. Last, foreign affair showed the correlation of government and business interest in the 1920s as well. For example, when the government created the Fordney-McCumber Tariff of 1922 which raised taxes on import goods.
During the 1920s, the government was very corrupt and promoted business interests in several ways. At the time, the Republican Party lowered taxes on incomes and business profits, gave high tariffs, and were anti-union. Another example of the government promoting business interests was the scandal that occurred during the Harding administration. In this scandal, the Secretary of the Interior, Albert Fall, accepted approximately $500,000 from a private business. Last, foreign affair showed the correlation of government and business interest in the 1920s as well. For example, when the government created the Fordney-McCumber Tariff of 1922 which raised taxes on import goods.