Question

How have the policies of Harding and Coolidge influenced today's politicians? Give an example, citing evidence from the text and in current policies.

a) They have had no influence.
b) They have influenced economic policies.
c) They have influenced foreign policies.
d) They have influenced social policies.

Answer 1

Harding and Coolidge's policies significantly influence contemporary economic policies, with modern pro-business strategies and minimal government intervention reflecting their approach. The correct option is B.

Step-by-step explanation:

The policies of Presidents Harding and Coolidge have influenced today's economic policies, particularly the emphasis on pro-business strategies and less government intervention in the economy.

For example, Harding's support for businesses and Coolidge's belief in limited government intervention can be seen in contemporary economic debates surrounding tax policies, deregulation, and small government philosophy.

Historically, both Harding and Coolidge championed a laissez-faire approach to economics. Harding believed in reducing government involvement in the economy and lowering taxes to benefit businesses. Coolidge continued these policies, advocating for limited government and laying the groundwork for the conservative fiscal policies seen in many politicians today.

In this sense, their influence is reflected in current policies that favor minimal government interference in the economy and support for business interests, as exemplified by recent tax reform efforts and deregulatory initiatives undertaken by politicians who share similar values. The correct option is B.