What did coolidge believe with regards to the role of government? a. the government takes a smaller role but takes control of some industry. c. the government takes a larger role and the businesses will follow the government. b. the government takes a smaller role and businesses will drive the economy by itself. d. the government takes a larger role and taxes businesses to keep the government going.
b. The government takes a smaller role and businesses will drive the economy by itself.
Under his organization, the American economy blasted. Coolidge was a financial preservationist who supported low expenses, restricted government spending and programs, and insignificant government guideline of business.
Coolidge marked the Revenue Act of 1924, which brought down assessment rates and decreased the quantity of individuals settling government obligation. Calvin Coolidge had faith in little government at the administrative level.
He accepted the government should adopt a hands-off strategy to business - particularly business guidelines - however much as could reasonably be expected.
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