Write a 125+ word paragraph considering the three major economic blunders Warren Harding made during his administration that helped set the wheels of depression in motion.
He reduced the regulations on businesses put into place by the progressives. ill come up with the rest promise During World War I, federal spending grows three times larger than tax collections. When the government cuts back spending to balance the budget in 1920, a severe recession results. However, the war economy invested heavily in the manufacturing sector, and the next decade will see an explosion of productivity... although only for certain sectors of the economy. raising tariffs very high keeping European nations from selling products in the United States thereby keeping them from paying back loans, reducing the amount European countries had to pay back, and giving money to Germany so it could use the money to pay back loans given to it by America. hope this helps