Why was there no intervention by the United States Government for the great depression?

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Jacobalonso2017idn Jacobalonso2017idn

04-03-2021
History

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Why was there no intervention by the United States Government for the great depression?

Sagot :

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Bjones5444idn Bjones5444idn · Answer 1 · 2021-03-06T08:50:55-05:00

Answer:

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Explanation:

The Myth: An unregulated free market and unrestricted Wall Street greed caused the Great Depression and only the interventionist policies of Franklin D. Roosevelt got us out.

The Reality: The Great Depression was caused by government intervention, above all a financial system controlled by America’s central bank, the Federal Reserve — and the interventionist policies of Hoover and FDR only made things worse.

Sagot :

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