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Subjects>Law & Government>United States Government

What policies did Calvin Coolidge favor to support economic growth?

Updated: 8/19/2023

Wiki User

∙ 11y ago

Best Answer

Coolidge believed in trimming the budget, reducing the national debt, and lowering taxes.

Adrain Weissnat ∙

Lvl 10

∙ 2y ago

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Henriette Pagac ∙

Lvl 13

∙ 2y ago

Coolidge believed in trimming the budget, reducing the national debt, and lowering taxes.

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Wiki User

∙ 11y ago

Coolidge was a supporter of laissez-faire free market capitalism and was an economic nationalist (following the tradition of conservatives during the 19th century). He supported high tariffs to protect American businesses from foreign competition, massive tax cuts and greatly reducing spending. As well as tight monetary policy and low inflation.

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Wiki User

∙ 11y ago

Calvin Coolidge had a policy to do as little as possible.

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Wiki User

∙ 12y ago

laissez faire

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Wiki User

∙ 10y ago

laissez faire and high tarriffs

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Related questions

What were Calvin Coolidge's economic contributions?

He stopped government from expanding.

What policies did Warren G. Harding and Calvin Coolidge adopt toward business?

Calvin Coolidge thought that there should be not government interference and he favored small businesses.

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Calvin Coolidge's birth name is John Calvin Coolidge.

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The phrase Coolidge's prosperity refers to the unprecedented economic prosperity experienced by the United States during the presidency of Calvin Coolidge. Coolidge was the 30th U.S. president, serving from 1923 to 1929.

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