Question

after world war i ended in 1918, many americans were ready to take a break about war and world politics. in 1920, warren g. harding won the presidency to normalcy platform. harding died in office, and calvin coolidge was pres of the decade. coolidge practiced “laissez - faire” economics, believing that bu should be encouraged to operate without much government regulation. his a slashed income taxes for the wealthiest americans, and wages for the middle 20%. at the same time, the stock market grew dramatically. between 1925 and value of the new york stock exchange more than tripled, and 25% of america owned stock by the end of the decade. americans had more disposable incom before. the “roaring” economy gave the decade its nickname, “the roaring tw which of these best describes laissez - faire economics? choose one option a businesses must follow many strict rules set by the government. b the value of the dollar changes on a regular basis. c the government does not interfere much in economic affairs. d many businesses shut down due to poor economic conditions.

Explanation:

The provided text defines laissez-faire economics in the context of Calvin Coolidge's presidency, stating it means businesses operate without much government regulation. This matches option C, while the other options describe opposite or unrelated economic concepts.

Answer:

C. The government does not interfere much in economic affairs.