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How did government economic policies during the 1920 lead to the great depression?
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∙ 8y ago
Government Economic policies did not lead to the great Depression. The Great Depression started out as a normal recession as part of a business cycle. However, bad government policies (e.g. protectionism) has worsened the recession and turned it into what we now know as the Great Depression.
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How did government economic policies during the 1920s lead to the Great Depression?
Government Economic policies did not lead to the great Depression. The Great Depression started out as a normal recession as part of a business cycle. However, bad government policies (e.g. protectionism) has worsened the recession and turned it into what we now know as the Great Depression.
What did France do during Great Depression?
The great Depression in France began more slowly than in the other industrial countries, was less severe but lasted longer. During the Great Depression, France tried to make changes to its economic policies to try to stimulate the economy. However, the changes were so inconsistent that they deepenend the depression. Government leadership changed several times, adding to the problems of the inconsistent economic policies.
What did France do during the great depressions?
The great Depression in France began more slowly than in the other industrial countries, was less severe but lasted longer. During the Great Depression, France tried to make changes to its economic policies to try to stimulate the economy. However, the changes were so inconsistent that they deepenend the depression. Government leadership changed several times, adding to the problems of the inconsistent economic policies.
What happens during an economic depression?
During an economic depression threes a lack of economic activity that can last for several years.
What level of government did the people expect to cure the economic ills during the depression?
Federal. Good luck!
What describes France during the Great Depression?
There are several things that could describe France during the Great Depression: underdeveloped economy overvalued currency inconsistent government policies changing government leadership low unemployment political unrest Stagnant Industry
Where statement best summarizes the economic policies of the presidents during the 1920s?
The best government is the one that governs the least
How does the federal government use financial policies agencies and economic indicators to encourage economic growth and stablize the economy during times of recession inflation and depression?
In the simplest terms 2/3 of the economy is driven by consumer demand. Consumer demand is bouyed by consumer confidence. If the American people are confident in the government and the future they spend money which creates demand for consumer products and thus the economy grows. The government issues policies and reports on economic indicators to further boost the consumer confidence.
Which economic player did John Maynard Keynes feel was capable of restarting the economy during the Great Depression?
The government
What is working to resolve market failures?
The New Deal policies enacted by Franklin Roosevelt during his presidency are examples of the government working to resolve the failures in the economic market.
How did Hoovers belief in rugged individualism shape his policies during the Great Depression?
Hoover's belief in rugged individualism shaped his policies based on self government and equal opportunity with little charity.
What happens during a period of depression in a country?
During an economic depression threes a lack of economic activity that can last for several years.
