How was big business regarded by the Harding, Coolidge, and Hoover administrations? A. A basis for large streams of tax revenue. B. As America's most important strength. C. As something that had a responsibility to all the people. D. As a competitor for political power.

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Aedan Villarreal

11 November, 12:41

How was big business regarded by the Harding, Coolidge, and Hoover administrations? A. A basis for large streams of tax revenue. B. As America's most important strength. C. As something that had a responsibility to all the people. D. As a competitor for political power.

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Haleigh Quinn · Answer 1

B. As America's most important strength.

Explanation:

The three presidents were believers and practitioners of laissez-fair economics. They higly valued entrepreneurship, free-market competition and innovations. They believed that the United States' prosperity was based on those values and principles, that government had only a limited role.