what is it wise to seek a return to normalcy after World War I? Did Harding and Coolidge's policies have a positive or negative impact on American society during the 1920s? Be sure to support your argument with evidence and details

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Mandi

History

19 November, 15:43

what is it wise to seek a return to normalcy after World War I? Did Harding and Coolidge's policies have a positive or negative impact on American society during the 1920s? Be sure to support your argument with evidence and details

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Pamela Lowery · Answer 1

I would think return to normalcy is always the goal.

and from a little researching, i would say that at least harding's policies had a positive effect.

"Revenues to the treasury increased substantially. Unemployment also continued to fall. Libertarian historian Thomas Woods contends that the tax cuts ended the Depression of 1920-1921 and were responsible for creating a decade-long expansion. Historians Schweikart and Allen attribute these changes to the tax cuts. Schweikart and Allen also argue that Harding's tax and economic policies in part " ... produced the most vibrant eight year burst of manufacturing and innovation in the nation's history." The combined declines in unemployment and inflation (later known as the Misery Index) were among the sharpest in U. S. history. Wages, profits, and productivity all made substantial gains during the 1920s."