Which policy described President Calvin Coolidge's approach to regulating business?

Which policy described President Calvin Coolidge's approach to regulating business?

• A. reductions in government regulation of business.
• B. support for higher taxes for American businesses.
• C. advocacy for government regulation of corporate America.
• D. pressure on the courts to prosecute companies that violated antitrust laws.

Answer: (A)

Coolidge’s approach to business was to keep the government out of the way and let private enterprise thrive. He favored reducing regulations and keeping taxes relatively low, arguing that a stable, light-touch government would create the best climate for business to invest, grow, and hire. This pro-business, limited-government stance is why the description of reducing government regulation best fits his policy. The other options imply more government control or punitive action toward business, which doesn’t match Coolidge’s philosophy. He did not pursue higher taxes on businesses, did not push for broader government regulation of corporate America, and did not aggressively use antitrust prosecutions as a primary policy tool.

Coolidge’s approach to business was to keep the government out of the way and let private enterprise thrive. He favored reducing regulations and keeping taxes relatively low, arguing that a stable, light-touch government would create the best climate for business to invest, grow, and hire. This pro-business, limited-government stance is why the description of reducing government regulation best fits his policy.

The other options imply more government control or punitive action toward business, which doesn’t match Coolidge’s philosophy. He did not pursue higher taxes on businesses, did not push for broader government regulation of corporate America, and did not aggressively use antitrust prosecutions as a primary policy tool.