What was Mellon's position on direct government economic intervention?
Supported
Opposed
Neutral
Tried to abolish
Answer
Mellon opposed direct government intervention in the economy. He believed that the free market was the best way to ensure economic growth and prosperity. He argued that government intervention distorted the market and led to inefficiencies. Mellon favored policies such as low taxes, balanced budgets, and minimal regulation to stimulate economic growth.
The Legacy of Andrew Mellon: An Engaging English Quiz on the Life of an Iconic American Diplomat and Philanthropist
More Questions
Journalist William Allen White described Mellon as dominating the White House during whose presidency?
Under which president did Mellon's office gain significant reductions in national debt?
In what year did the federal government launch a tax fraud investigation against Mellon?
What position did Mellon hold at his father's bank in the 1870s?
What municipal building is associated with Mellon in West Mifflin, Pennsylvania?
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