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During the 1920s, the United States government role in the economy would best be described as...

control the means of production

promote welfare

regulate

interfere as little as possible

User Thaumant
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2 Answers

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Final answer:

The United States government's role in the economy during the 1920s can be described as interfering as little as possible, following a laissez-faire approach.

Step-by-step explanation:

In the 1920s, the United States government had a limited role in the economy and can be described as interfering as little as possible. The government followed a laissez-faire approach, which means it allowed private markets to operate without much regulation or intervention. This approach believed that private investors were better suited to determine economic growth and that the economy would naturally correct itself through cycles of booms and busts.

User Ishmeet
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Answer:

Control the means of production

Step-by-step explanation:

Mostly during 1920s, federal fiscal and monetary policy was supremely liberal. A package of tax cuts was also introduced by the national govt, illustrating the conviction of Secretary Of the treasury Andrew Mellon that increased rents on personal wages and businesses hindered investing in infrastructure manufacturing firms.

User Hamid Ghasemi
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