Question

president calvin coolidges approach to the american economy can be best described as
choose 1 answer:
a laissez - faire; he limited federal regulation of the economy, cut spending, and lowered income tax rates.
b protectionist; he was strongly in favor of tariffs that placed high premiums on foreign goods.
c socialist; he nationalized many private businesses and redistributed wealth to the impoverished.

Explanation:

Calvin Coolidge favored a hands - off economic approach. He limited federal economic regulation, cut spending, and lowered income tax rates, which is characteristic of laissez - faire. He was not a protectionist as there's no strong evidence of his strong support for high - tariff policies. He was also not a socialist as he did not nationalize private businesses or redistribute wealth in that way.

Answer:

A. laissez - faire; he limited federal regulation of the economy, cut spending, and lowered income tax rates.