Which policy did Mellon support during his political career?
Higher taxation
Lower taxation
Isolationism
Protectionism
Answer
Lower taxation was a policy that Andrew Mellon supported during his political career. Mellon believed that high taxes stifled economic growth and discouraged investment. He argued that lower taxes would stimulate the economy, create jobs, and ultimately lead to higher government revenue. Mellon's economic policies were influential in shaping the economic policies of the Republican Party during the 1920s.
The Legacy of Andrew Mellon: An Engaging English Quiz on the Life of an Iconic American Diplomat and Philanthropist
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