How did the attitude of Presidents Harding Coolidge and Hoover toward business and how did this attitude set the stage for the Great Depression?

Presidents Harding, Coolidge, and Hoover adopted a pro-business stance, promoting minimal government intervention in the economy and encouraging rapid industrial growth. Their policies, characterized by tax cuts for the wealthy and deregulation, fostered an environment of speculation and overextension in the Stock Market. This unregulated expansion created economic vulnerabilities that contributed to the 1929 stock market crash and the onset of the Great Depression. Ultimately, their lack of oversight and focus on business prosperity laid the groundwork for the economic collapse that followed.