Calvin Coolidge's presidency (1923-1929) was marked by a strong commitment to limited government and economic prosperity, often summarized by his belief in laissez-faire capitalism. He presided over a period of significant economic growth known as the "Roaring Twenties," characterized by rising consumerism and Stock Market speculation. Coolidge's administration focused on reducing taxes and government spending, leading to budget surpluses. Additionally, his approach to civil rights was generally passive, reflecting the racial tensions of the era, particularly in relation to the Ku Klux Klan's influence and Immigration policies.
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