What did Warren G. Harding mean by less government in business and more business in government?

Warren G. Harding's phrase "less government in business and more business in government" reflects his belief in reducing government intervention in the economy to promote free enterprise and capitalism. He advocated for a pro-business agenda, emphasizing that businesses should operate with minimal regulatory constraints to drive economic growth. Simultaneously, he suggested that government should adopt more business-like practices to enhance efficiency and effectiveness in its operations. This approach aimed to foster a favorable environment for economic development during his presidency in the 1920s.