Question

How did the United States perform economically under Coolidge and Harding?

Answer 1

The economic policies of Presidents Harding and Coolidge did much to ameliorate the 1920-22 depression. As Coolidge stated in his address at the Gettysburg battlefield, reductions in debt, taxes, and spending were essential for economic recovery. Both Vedder and Gallaway argue that “the seven years from the autumn of 1922 to the autumn of 1929 were arguably the brightest period in [the] economic history of the United States.

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Answer 2

In the presidential election of 1920, Coolidge was nominated to run as Vice ... On August 2, 1923, while on a speaking tour of the Western states, President Harding died ... The federal debt and budget deficit shrank, and the economy boomed.

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