How did the U.S. government exercise laissez-faire in the 1920 and?

Answer 1

In the 1920s, the U.S. government embraced laissez-faire principles by minimizing regulation and intervention in the economy. This period, often referred to as the "Roaring Twenties," saw a focus on free-market policies, reduced taxes, and limited government oversight, which encouraged business expansion and consumer spending. The administration, particularly under Presidents Harding and Coolidge, favored pro-business policies that promoted economic growth, leading to significant industrial and financial prosperity, albeit with eventual consequences such as the Stock Market crash of 1929.