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laissez-faire
Aided the growth of business
Harding, Coolidge, and Hoover
Calvin Coolidge was a very pro-business Republican. And although the Depression happened in the midst of his presidency, Herbert Hoover was also pro-business.
Calvin Coolidge was the 30th president of the United States. He was conservative and believed in a small government, which had little say in what businesses did. So, in short, the way Coolidge felt about government regulation of business activity, is that he didn't like it, and he didn't believe in it.
"The business of America is business." Calvin Coolidge
"The chief business of the American people is business" Calvin Coolidge
President Harding and Coolidge favored more conservative policies that aided the growth of business.
Calvin Coolidge
Coolidge lowered taxes to give incentives to big business.
Harding's policy toward business was known as "normalcy," which aimed to return the economy to pre-WWI conditions. Coolidge continued this policy and expanded upon it, advocating for limited government intervention and laissez-faire economic principles. This approach was commonly referred to as "government business partnership" or "the business of America is business."
Calvin coolidge