Question

How did President Hardings policies contribute to economic growth in the 1920s

Answer 1

Answer: He had very capable people in the administration.

Explanation:

Harding has dealt with government corruption, and many of his associates have ended up in prison over time. Quality staff in his ranks certainly assisted the economy. Primarily you were Hover (who would later become president). Hover became famous thanks to the export of food that was necessary primarily in war-torn Europe. Andrew Melon was also part of the Harding administration and was an extremely capable man who managed finances. During his tenure, Harding also worked on the audit of government expenditures, thus saving money.

Harding also put pressure on the United States' federal government and forced it to work in the interest of its own country. Harding has also had bad economic moves such as tax cuts for the rich and corporations. Such a move will make drastic social differences among the population. In these circumstances, a huge difference was created between rich and poor, one of the key facts that led to the Great Economic Depression in 1929.