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pry and Geography Sem 2
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1.5.2 Test (CST): Wrap-Up: The Progressive Era Through the Roaring '20s
Question 1 of 20
President Warren Harding's tax cuts:
A. helped the economy recover in the short term.
B. strengthened government regulations of business.
C. reduced inequality between rich and poor Americans.
D. mostly affected workers rather than businesses.
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Answer :

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Final answer:

President Warren Harding's tax cuts aimed to help the economy recover in the short term.


Explanation:

President Warren Harding's tax cuts:

  1. A. helped the economy recover in the short term.

President Warren Harding's tax cuts aimed to stimulate the economy by providing individuals and businesses with more spending power, which in turn could boost economic activity in the short run. These tax cuts were a part of Harding's pro-business approach and were designed to support economic growth during his presidency. While they did have some positive short-term effects, the long-term impact and consequences of these tax cuts have been debated by historians and economists.


Learn more about President Warren Harding's tax cuts during the 1920s here:

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