Final answer:
President Harding's administration implemented policies to promote business expansion and reduce government interference in the American economy after World War I.
Step-by-step explanation:
During President Harding's administration after World War I, the American economy experienced a period of significant growth and prosperity. Harding implemented policies that aimed to promote business expansion and reduce government interference in the economy. One of his primary objectives was to return to a laissez-faire approach, allowing businesses to operate without many regulations and restrictions.
Harding's administration implemented tax cuts for businesses and the wealthy, which stimulated investment and economic activity. Additionally, they focused on reducing government spending and encouraging international trade.
However, some of Harding's economic policies also led to corruption and scandals, such as the Teapot Dome scandal, which involved the illegal leasing of government oil reserves.
Learn more about President Harding's administration and its impact on the American economy after World War I