Question
What did a laissez-faire or "hands-off" government look like during Coolidge's presidency?
The government had limited influence on businesses, corporations, and society.
The government controlled everything business-related in society.
The government had ownership of all businesses and corporations.
The government had limited influence on businesses, corporations, and society.
The government controlled everything business-related in society.
The government had ownership of all businesses and corporations.
Answers
GPT-4o mini
During Calvin Coolidge's presidency (1923-1929), a laissez-faire or "hands-off" government approach meant that the government had limited influence on businesses, corporations, and society. This era was characterized by a belief in minimal regulation of the economy, with the idea that free market forces would drive growth and prosperity. The government focused on reducing taxes, minimizing regulations, and promoting business interests, which contributed to a period of significant economic expansion in the United States. Coolidge's administration favored policies that supported business growth, including lower tariffs and limited government intervention in industry and commerce.