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Both presidents were conservative, pro-business Republicans who believed the government should not impede business growth. Harding had more struggles with corruption in his administration than Coolidge: most historians would say that Coolidge was the more effective president. Now that the World War was over, it led to a decade of prosperity (until the Stock Market crashed); Harding and Coolidge both presided over a strong economy. It should also be noted that both men embraced the new technology of radio (Coolidge especially); Coolidge was a supporter of the major companies that owned and operated radio stations and radio networks.

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1y ago

Harding's policy toward business was known as "normalcy," which aimed to return the economy to pre-WWI conditions. Coolidge continued this policy and expanded upon it, advocating for limited government intervention and laissez-faire economic principles. This approach was commonly referred to as "government business partnership" or "the business of America is business."

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Q: What was Harding's and Calvin Coolidge's policy toward business called?
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