Compare and contrast the policies of Warren Harding and Calvin Coolidge. Select the correct word to complete each sentence.
(2 points)
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Harding and Coolidge both advocated for a pro-business, conservative approach to governance, but they differed in their handling of government intervention in the economy. Harding favored a more hands-off, laissez-faire approach, while Coolidge was more interventionist, believing in limited government regulation to ensure economic stability.
One key similarity between their policies was their commitment to reducing government spending and cutting taxes to stimulate economic growth. Both presidents believed in the importance of a balanced budget and reducing the national debt.
However, Harding's administration was marred by corruption scandals, most notably the Teapot Dome scandal, which tarnished his legacy. Coolidge, in contrast, was known for his honesty and integrity in office, which helped restore public trust in government.
In summary, while both Harding and Coolidge shared similar economic policies, their approaches to government intervention and handling of scandals set them apart.