USA HISTORY

THE ROARING 20S 1920 1929

1920S AMERICAN CULTURE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following statements best describes Coolidge’s belief on government involvement in big business and industry?
A
the government should regulate big business and industry
B
the government should interfere as little as possible with big business and industry
C
the government should have complete control over big business and industry
D
None of the above
Explanation: 

Detailed explanation-1: -Coolidge’s domestic legacy can generally be described as conservative. His main concern was to sustain the economic prosperity that was returning when he took office. He favored a light hand in regulating business, strove hard to balance the budget (even managing to run a surplus), and cut the national debt.

Detailed explanation-2: -Calvin Coolidge (born John Calvin Coolidge Jr.; /ˈkuːlɪdʒ/; July 4, 1872 – January 5, 1933) was the 30th president of the United States from 1923 to 1929. John Calvin Coolidge Jr.

Detailed explanation-3: -The actual quote wasn’t necessarily a simple, catchy line. It wasn’t in a Big Business Speech or an answer to a business related question. It was spoken during an address President Calvin Coolidge gave to the American Society of Newspaper Editors in Washington, D.C. on January 17, 1925.

There is 1 question to complete.