In the 1920s, President Calvin Coolidge said the "business of America is business." What did he mean by this in terms of the role of the American government in the 1920s?
a. President Coolidge meant that the American government should have minimal involvement in regulating and controlling business activities, allowing the free market to thrive.
b. President Coolidge meant that the American government should actively support and promote business growth and development through policies and regulations.
c. President Coolidge meant that the American government should prioritize the interests of big business and wealthy entrepreneurs over the needs of workers and consumers.
d. President Coolidge meant that the American government should focus on fostering a healthy business environment while also ensuring fair competition and preventing monopolies.