Question

What economic ideas drove events during the harding and Coolidge administrations

Answer 1

• Calvin Coolidge (1872 – 1933) was the 30th president of the United States and he was in office between 1923 to 1929.
• Warren G. Harding (1865 – 1923) was the 29th president of the US from 1921 until his death in 1923.

Both pertained to the Republican party and supported and implemented laisez-faire economic measures, that consisted on free functioning of the markets with minimum goverment interventionism. Markets alone, would produce the most efficent outcomes, according to his viewpoint. Therefore, the policies introduced by their governments, involved minimum regulation for businesses, and for the economic activity in general.

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