During the 1800s, the economy of the united states was considered small and still developing, largely agricultural. This provoked the capitalist to begin working through the Laizes Faire method in the attempt to alleviate the status of the economy. The answer would have to be capitalism.
Pros: Harding’s presidency was overshadowed by the criminal activities of some of his cabinet members and other government officials, although he himself was not involved in any wrongdoing. An Ohio native and Republican, Harding was a successful newspaper publisher who served in the Ohio legislature and the U.S. Senate. In 1920, he won the general election in a landslide, promising a “return to normalcy” after the hardships of World War I (1914-1918).
Cons: After Harding’s death, the Teapot Dome Scandal and other instances of corruption came to light, damaging his reputation. Pretty much his reputation got destroyed when he died.
The Declaration of Independence was signed on July 4, 1776. The document declared independence for the American colonies from England, their former tyrannical ruler- and now Independence Day is national holiday celebrated every July 4th.