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Why did Calvin Coolidge make the statement the business of America is business?
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Who said that the business of America is business?
Calvin Coolidge
How did Presidents Calvin Coolidge and Herbert Hoover react to the worsening economic situations of the 1920s?
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Did Calvin Coolidge support laissez-faire business practices?
Yes he did You cannot say he supported laissez-faire economic principles because he kept tariffs ridiculously high which stifled foreign competition in the U.S. One of the most important elements (if not the most important) of laissez-faire economics is a high level of competition and in this case gov't stepped in to eliminate competition with high tariffs, which is the exact opposite of laissez-faire economics. So I would say no...but you won't find this in a history book. I know because I am a teacher.
What caused the roaring 20s?
Government was shrunk, and they cut spending, there was also a time of economic growth because credit was introduced to the stock market.. there were no limits or restrictions on credit back then so there was a huge outburst of buying and selling.... of course, this credit also led to the great depression.
What were the economic policies of Calvin Coolidge?
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 with a corresponding reduction in the national debt, as well as tight monetary policy and low inflation.
Who said that the business of America is business?
Calvin Coolidge
What did president Harding and Coolidge believe the business of the American people should be?
"The business of America is business." Calvin Coolidge
What did President Calvin Coolidge say about business in 1927?
"The business of America is business."
Who sayed the business of America is business?
President Calvin Coolidge said the phrase "the business of America is business"
Who said The business of America is business.?
President Calvin Coolidge in the 1920's
Who said the chief business of America is buisniss?
President Calvin Coolidge
What are some famous quotes with regards to the US?
"the business of America is business"Calvin Coolidge 1925
What did Calvin Coolidge believe was the chief business of the American people?
"The chief business of the American people is business" Calvin Coolidge
What was Calvin Coolidge's most famous statement?
you lose
Which president said the business of the US is business?
Calvin coolidge
Who said The chief business of the American people is business?
Calvin Coolidge
What was the business attitude of Calvin Coolidge?
laissez-faire
