Question

What did President Coolidge mean when he said "the chief business of the American people is business"?

Answer 1

The correct answer is C) The government should be business-friendly.

The other options of the question were A) The government should lower import duties. B) Labor unions should be banned. D) Businesses should be better regulated.

What President Coolidge meant when he said "the chief business of the American people is business" was that the government should be business-friendly.

President Calvin Coolidge was the 30th President of the United States, from August 1923 to March 4, 1929. He had experience as governor of the state of Massachusetts. During his presidency, he supported private companies in America because he considered necessary to the prosperity of the country, however, the so-called "Roaring 1920s" only made people buy many things using credit to the degree of creating too much debt. Then, the inevitable happened, the stock market crash of October 29, 1929, started the Great Depression.

Answer 2

The government should be business-friendly.

I hope this helps!