Calvin Coolidge

question 63

Multiple Choice

Calvin Coolidge

• A) claimed that Theodore Roosevelt was his political role model.
• B) believed the federal government should actively promote the social welfare of Americans.
• C) lost his party's bid for another nomination in the election of 1928.
• D) had no political experience prior to becoming vice president in 1920.
• E) was less active a president than Warren Harding.

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Definitions:

External Benefit

A positive effect experienced by unrelated third parties resulting from a transaction or activity.

Subsidizing

The act of a government or organization providing financial support to reduce the cost of goods or services, often to encourage production or consumption.

External Benefit

A benefit that affects parties other than the buyers or sellers involved in a transaction, similar to a positive externality.

Traffic Congestion

A condition on road networks that occurs as use increases, characterized by slower speeds, longer trip times, and increased vehicular queuing.