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

Answer 1

Correct answers:
- an increase in the production of consumer goods by factories
- an increase in the number of stocks bought and sold by the public

Why: The 1920s boom under Coolidge was driven by mass production of consumer goods (cars, appliances) and a booming stock market with widespread public participation (including buying on margin). Coolidge’s administration favored pro‑business, low‑regulation policies rather than “careful government regulation,” and consumer credit/installment buying actually encouraged more debt rather than discouraging it.