Question

What did President Coolidge mean when he said "the chief business of the American people is business"? The government should lower import duties. Labor unions should be banned. The government should be business-friendly. Businesses should be better regulated.

Answer 1

Answer:

The correct answer is The government should be business-friendly. This is what President Coolidge meant when he said "the chief business of the American people is business."

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Explanation:

Answer 2

When President Calvin Coolidge said "the chief business of the American people is business," he meant C. the government should be business-friendly. In his opinion, benefiting and incentivizing business was a good thing for the American public; however, many of his policies enabled the unscrupulous accumulation and use of wealth that resulted in the Stock Market Crash and the Great Depression in the 1930s.