What did President Calvin Coolidge's economic policy include?

Question

Quizplus · Accepted Answer

President Coolidge's economic policy called for reducing government intervention in the economy and promoting free market capitalism. He famously declared that "the business of America is business" and believed that government regulation and taxation hindered economic growth. Coolidge's policies contributed to the prosperity of the 1920s, but also laid the groundwork for the economic collapse that followed. Options A and D are incorrect because they suggest greater government involvement in regulating business, which was not a part of Coolidge's policy. Option C is also incorrect because Coolidge supported lower taxes for businesses, not higher.

What Did President Calvin Coolidge's Economic Policy Include