THE ROARING 20S 1920 1929
AMERICAN ECONOMY IN THE 1920S
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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President Coolidge used all of the following EXCEPT which choice to help the US economy prosper?
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Lowered income taxes across the board
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Reduced federal spending.
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Raised union dues
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Raised tariff rates.
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Explanation:
Detailed explanation-1: -Which statement best describes economic changes in the United States during the 1920s? East Asia provided incentives for relocating American industries.
Detailed explanation-2: -Governmental economic policy during the 1920s was eminently conservative. It was based upon the belief that if government fostered private business, benefits would radiate out to most of the rest of the population. Accordingly, the Republicans tried to create the most favorable conditions for U.S. industry.
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