234k views
3 votes
What did President Harding's administration do to influence the American

economy after World War I?

User Bsberry
by
5.2k points

2 Answers

5 votes

Answer:

President Harding implemented policies meant to help the American economy and American businesses after World War I. To do this, President Harding reduced the amount of taxes that businesses have to pay the federal government

Step-by-step explanation:

User Heiko
by
5.2k points
4 votes

Answer:

He signed a bill called Fordney-Mccumber which greatly increased tariffs as one of his policies to help the American economy.

Step-by-step explanation:

After the world war 1 the American economy was hardly hurt do the cost incurred by America in waging a successful war in collaboration with Allied forces, against the soviet Union.

In order to help revive the economy and encourage business to go into production of goods and services that will in turn generate revenue for the economy. President Harding reduced taxes be paid by businesses/industries mostly farmers plying their trade/producing their products in the U.S, while increasing tariffs ( tax paid on imports or exports )

User Stella
by
5.7k points