How Did Laissez Faire Affect The Economy Of The 1920's

174 Words1 Pages
The Roaring Twenties” had been a period of economic success, where many American citizens had become fixated on material goods and pastime activities such as attendance to speakeasy’s and vacations. During this time period, laissez faire had remained the government mindset, as the presidents during the 1920’s had been republican. Economy during the beginning of the 1920’s was booming, and production of goods had skyrocketed and American citizens had participated in the mass consumption. Many US citizens had participated in the buying of stocks in hopes to “get rich quick,” while also adding to the growing economy. However, with the extensive of buying goods on credit, the stock market crash had left the majority of the American population