What principles did calvincoolidge believe would lead to economic growth for the country?

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2026-03-26 20:40

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Calvin Coolidge believed that economic growth was driven by limited government intervention, fiscal responsibility, and a strong emphasis on individual entrepreneurship. He advocated for lower taxes and reduced regulation, arguing that allowing businesses to thrive would stimulate job creation and innovation. Coolidge also upheld the importance of a balanced budget and maintaining a sound currency to foster a stable economic environment. Overall, his principles centered around promoting free-market capitalism as the best path to prosperity.

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