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Question
- which of these is the opposite of what coolidge believed about wealth?
○ wealth is a natural reward of personal effort.
○ wealth can be spread throughout society.
○ wealth corrupts society.
○ wealth is the inevitable result of doing business.
Calvin Coolidge was a proponent of laissez-faire economics, viewing wealth as a positive outcome of hard work, business activity, and something that could circulate in society. He did not see wealth as a corrupting force; instead, he framed it as a reward for effort and a benefit to society. Thus, the claim that wealth corrupts society directly opposes his beliefs.
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Wealth corrupts society.