Question:

Could anyone check my answers?please?

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1. According to President Calvin Coolidge, the proper relationship between government and business should

a. assume the greatest possible independence between the two.

b. stress mutual cooperation.

c. allow for government to dictate the terms of commerce, thereby promoting monopolies.

d. allow for business to influence politics, thereby promoting oligarchies.

A

2. During the early 1920s, many of America’s top business leaders embraced

a. free-market economics, which ensured the noninterference of the Supreme Court and federal government in business affairs.

b. a revival of the piecework system of production, because it kept laborers from organizing.

c. welfare capitalism, which allowed management to ease class tensions by increasing

labor satisfaction.

d. some form of socialism, as a way to alleviate intense labor union activity.

C

am i right anyone? please explain to me if i got it wrong

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3 ANSWERS


  1. Number 2 is A.  This is pre-Depression Lassiaz-faire under Coolidge and Hoover.


  2. 1. A  is CORRECT.  Coolidge had a strong belief that business and government should have the strongest independence from each other so that one wouldn't interfere with the practices of the other and that all aspects of the government such as the Supreme Court, state and local goverments should have as a very minimal role, if any.

    2. A is CORRECT and NOT C.  Welfare capitalism didn't come about until the late 1920s.  The principles of Free-Market Ecomonics came about in the early-1920s to try to bring about new avenues of growth in order to try to attempt to strengthen the failing economy.  <see reasoning in #1>

  3. your right, although many would say the answer to your second question is A

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