Final answer:
President Coolidge's approach to economics in the 1920's was best described as laissez-faire, which means operating without government intervention. Coolidge believed in letting businessmen handle their own affairs with minimal government interference.
Step-by-step explanation:
President Coolidge's approach to economics in the 1920's can be best described as laissez-faire.
Laissez-faire economics is the belief that economic markets should operate free of government intervention.
Coolidge believed that the government should let businessmen handle their own affairs with as little federal intervention as possible.
This approach allowed businesses to operate virtually unencumbered by the government.