Question
Question
Which of the following contributed to the economic growth under president Calvin Coolidge? Select all that apply.
(1 point)
Responses
an increase in the production of consumer goods by factories
an increase in the production of consumer goods by factories
careful government regulation of business
careful government regulation of business
an increase in the number of stocks bought and sold by the public
an increase in the number of stocks bought and sold by the public
discouraging the accumulation of debt
discouraging the accumulation of debt
Which of the following contributed to the economic growth under president Calvin Coolidge? Select all that apply.
(1 point)
Responses
an increase in the production of consumer goods by factories
an increase in the production of consumer goods by factories
careful government regulation of business
careful government regulation of business
an increase in the number of stocks bought and sold by the public
an increase in the number of stocks bought and sold by the public
discouraging the accumulation of debt
discouraging the accumulation of debt
Answers
GPT-4o mini
Under President Calvin Coolidge, the following factors contributed to economic growth:
1. **An increase in the production of consumer goods by factories** - This was a key factor as the 1920s saw significant advancements in manufacturing and production techniques.
2. **An increase in the number of stocks bought and sold by the public** - The stock market expanded during this period, contributing to the economic boom.
Therefore, the correct responses would be:
- **an increase in the production of consumer goods by factories**
- **an increase in the number of stocks bought and sold by the public**
Careful government regulation of business and discouraging the accumulation of debt do not accurately reflect the policies of the Coolidge administration, which were more characterized by minimal regulation and a generally pro-business stance.
1. **An increase in the production of consumer goods by factories** - This was a key factor as the 1920s saw significant advancements in manufacturing and production techniques.
2. **An increase in the number of stocks bought and sold by the public** - The stock market expanded during this period, contributing to the economic boom.
Therefore, the correct responses would be:
- **an increase in the production of consumer goods by factories**
- **an increase in the number of stocks bought and sold by the public**
Careful government regulation of business and discouraging the accumulation of debt do not accurately reflect the policies of the Coolidge administration, which were more characterized by minimal regulation and a generally pro-business stance.