Asked by Angela Rosado on Jun 27, 2024
Verified
Why did Calvin Coolidge veto the McNary-Haugen Acts of 1927 and 1928?
A) He considered them unwarranted government interference in the economy.
B) He felt that they were too weak to really help farmers in their crisis.
C) He was beholden to an international lobby of commodity traders.
D) Coolidge was a merciless partisan, and would not pass a law made by Democrats.
McNary-Haugen Acts
Proposed federal legislation in the 1920s designed to support agricultural prices by buying surpluses and selling them abroad, though never enacted.
- Comprehend the outcomes and impacts of laws and policies throughout the 1920s.
- Analyze the economic trends and crises that concluded the 1920s.
Verified Answer
MM
Md Mehedi HassanJun 30, 2024
Final Answer :
A
Explanation :
Coolidge vetoed the McNary-Haugen Acts because he believed they represented an unwarranted government interference in the economy, which was contrary to his laissez-faire economic principles.
Learning Objectives
- Comprehend the outcomes and impacts of laws and policies throughout the 1920s.
- Analyze the economic trends and crises that concluded the 1920s.