Reference > The New Dictionary of Cultural Literacy > 12. American History since 1865
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  The New Dictionary of Cultural Literacy, Third Edition.  2002.
 
The business of America is business
 
 
A statement made by President Calvin Coolidge in the 1920s.  1
‡ Coolidge’s words are often mentioned as typical of the overconfidence in the American economy that preceded the Great Depression.  2
 
 
The New Dictionary of Cultural Literacy, Third Edition. Edited by E.D. Hirsch, Jr., Joseph F. Kett, and James Trefil. Copyright © 2002 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved.

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