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.
Calvin Coolidge thought that there should be not government interference and he favored small businesses.
"The business of America is business." Calvin Coolidge
President Calvin Coolidge's phrase "the business of America is business" reflects his belief in the importance of economic growth and entrepreneurship in American society. He emphasized that the government's role should be limited, allowing businesses to thrive and drive prosperity. Coolidge's statement underscored the idea that a strong, free-market economy was essential for the nation's success and stability. This philosophy aligned with the broader economic policies of the 1920s, which prioritized deregulation and minimal government intervention.
"The business of America is business."
Big business
Change in government regulation affect on buniess performance and business stability.
Government regulation is defined as a law that controls the way a business is allowed to operate. The laws can all be considered together in government regulation
President Coolidge believed that governmental involvement should be as minimally regulated as possible. When he said, "The business of America is business," he meant that the economic activity was the most important aspect of American prosperity.
Conduct of business regulation is one in which the government outlines and ensures that there are laws and regulations in place by which business operators must adhere to and followe in their conduct of business,
calvin coolidge
There is little government regulation of business.
corporation
the business community
The cartoonist likely suggests that Coolidge had a close and supportive relationship with big business, portraying him as a staunch ally of corporate interests. This relationship may be depicted as one where Coolidge prioritizes business prosperity over social issues, signaling a hands-off approach to regulation. The imagery might imply that his policies favored the wealthy and powerful, reinforcing the notion of a pro-business administration during his presidency. Overall, the cartoon seems to critique the alignment between government and corporate power during that era.
I believe that is a corporation.
Sole Proprietorships.
Calvin Coolidge thought that there should be not government interference and he favored small businesses.