Sovi.AI - AI Math Tutor

Scan to solve math questions

QUESTION IMAGE

which is a true statement about warren harding and calvin coolidges eco…

Question

which is a true statement about warren harding and calvin coolidges economic policies?
(1 point)

○ they continued the progressive policies of wilson and roosevelt.

○ they practiced a laissez - faire business approach.

○ they supported higher wages for workers.

○ they suggested banking regulations.

Explanation:

Brief Explanations

Warren Harding and Calvin Coolidge, U.S. presidents in the 1920s, favored limited government intervention in the economy. Their policies centered on reducing regulation, cutting taxes for businesses and the wealthy, and promoting business growth, which aligns with laissez-faire principles. Progressive policies (from Wilson/Roosevelt) involved more government oversight, which they rejected; they did not prioritize higher worker wages or new banking regulations.

Answer:

B. They practiced a laissez-faire business approach.