Question

What did president hardings administration do to influence the american economy after world war I?

Answer 1

President Harding implemented policies meant to help the American economy and American businesses after World War I.

To do this, President Harding reduced the amount of taxes that businesses have to pay the federal government. Along with this, Harding implemented high tariffs as well. A tariff is a tax on an imported good. This tariff increases the price of foreign goods. By increasing the price of foreign goods, Harding made it so that Americans were more likely to buy goods made in the US since they were cheaper.