What did President Coolidge mean when he said the chief business of the American people is business?

When President Coolidge stated that "the chief business of the American people is business," he emphasized the importance of economic activity and capitalism in American society. He believed that the pursuit of prosperity and entrepreneurial spirit were central to the nation's identity and success. This statement reflects his administration's pro-business stance during the 1920s, advocating for minimal government interference in the economy to foster growth and innovation. Ultimately, it underscored the idea that economic vitality was essential to the overall well-being of the country.