Question

1 point

Answer 1

The quote from the article that supports the claim about unfettered capitalism is: Like Harding, Coolidge proposed to roll back taxes of the wealthy one percent of Americans who controlled 40 percent of the country's wealth, and "assiduously followed the maxim that the government that governs the least, governs best."

What is Capitalism?

Capitalism is an economic system in which the wealth of a state is controlled by a few rich individuals instead of the government.

The first quote supports the claim that "Unfettered capitalism was to blame for the stock market crash" because it shows that just one percent of wealthy Americans controlled 40 percent of the nation's wealth.

Learn more about capitalism here:

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