Which U.S. President emphasized a return to "normalcy" and relaxed government oversight of businesses in 1921?

Warren G. Harding's emphasis on a return to "normalcy" after World War I reflects his desire to revert to pre-war conditions, characterized by economic prosperity, stability, and minimal government intervention in the economy. This concept resonated with many Americans who were weary from wartime disruptions and sought a return to a more conventional way of life. Harding’s administration, therefore, pursued policies that favored business interests and relaxed regulation, believing this would stimulate economic growth.

The term "normalcy" articulated Harding's vision of a calming restabilization of American life. His presidency marked a departure from the Progressive Era and an embracing of more conservative governance, which included tax cuts for the wealthy and a general reduction of government interference in business. These actions aimed at fostering a business-friendly environment, reflecting a broader public sentiment at the time.

Other presidents listed either preceded or followed Harding's term and had different priorities and policies. Franklin D. Roosevelt, for instance, focused on relief and recovery during the Great Depression, while Theodore Roosevelt was known for his progressive reforms and regulatory measures concerning business practices. Herbert Hoover, while president during the onset of the Great Depression in 1929, faced significant economic challenges that were contrary to Harding's message of normalcy. Hence