AMERICAN POLITICAL AND ECONOMIC HISTORY

1. President Wilson believed that WWI was “…the war to end all wars.”
a) Briefly discuss why he held this belief
b) Looking into the future up through the 1950’s, discuss reasons why this
could never be true
c) As you answer ‘b’ incorporate stipulations of the Versailles Treaty and
Eisenhower’s treatment of the Geneva Accords, as well as the threat of
Communism to the economic superiority of the U.S.
d) After answering the above, give me your opinion as to whether there is a
possibility that the U.S. would ever be able to stay out of military actions,
taking into account the years from 1915 through 1959. Be sure to support
your opinion with facts and events from your text as well as any outside
information you may get from a little research.
2. Carefully trace the changes in approaches to the American economy from the
1920’s through the 1950’s.
a) Include examples of the concept of supply and demand, the applications of
capitalism, the success of Keynesian economics, Roosevelt’s New Deal
and how it compromised capitalism, the consumer society, and the Cold
War.
b) Especially illustrate the cycles or approaches toward the U.S. economy:
going from one extreme to another depending upon the mood of the nation
and the presidential administrations of specific time periods.
c) Give your opinion, supported by historic events, as to whether you feel
Roosevelt’s New Deal would have lifted the U.S. economy from
depression without his entrance into WWII.

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