Answer:
By then, production had already declined and unemployment had risen, leaving stocks in great excess of their real value. Among the other causes of the stock market crash of 1929 were low wages, the proliferation of debt, a struggling agricultural sector and an excess of large bank loans that could not be liquidated.
Explanation:
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"... the chief business of the American people is business." he once said.
Coolidge followed a laissez-faire economic policy, whereby the government doesn't interfere in the national economy unless absolutely necessary, and even then its actions should be limited to gentle nudges to get the economy back on track rather than large scale intervention.
So, Coolidge's attitude toward business was 'if it's not broken, don't fix it' - leave business alone to prosper.
The Tudor dynasty think .
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Joe Biden owned it he owned everything
