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the fault of the unions
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∙ 12y ago
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Early on many economists thought the best way to battle the depression was to?
let the economy fix its self.
Where was the Great Depression?
The Great Depression was a worldwide event, although many economists (but definitely not all) say that the stock market crash in the United States began it.
Was the Great Depression was caused by Franklin Delano Roosevelt's incompetence in foreign relations?
There isn't one single cause for the Great Depression. Many historians and economists believe many of F.D.R.'s policies led to worsening of The Great Depression.
What do economists use to determine if an economy is healthy or if it is in a recession or depression?
GDP
Who was president when the depression ended?
In the consideration of many economists, the US Great Depression ended in 1941 or perhaps a bit earlier. With that being the case, then the US president was Franklin D. Roosevelt.
Who said the demand and supply theory of books?
there were many economists like pigou,marshall and dada bhai naoroji who said about demand and supply theory.
After the fall of the economy in 1929, what did classical economists believe to be the solution to the Great Depression?
wait for the economy to achieve equilibrium
How many economists shared Nobel Prize in Economics for the Year 2010?
3 economists
What are people who develop ideas that explain how the economy works known as?
Such people are generally known as Economists. There are many varieties of economists, like Neo-Classical, Keynesian, Marxist, Mercantilist, Physiocratic, etc.People who develop ideas that explain how an economy works are called economists.
Why do economists sometimes offer conflicting advice to policymaker?
Economists may offer conflicting advice because there are many schools of economic thought and modelling. Contrary to what many people think, though, economists do often agree on many subjects.
How many types of economics are there?
As many as there are economists! The classic proverb is that if you ask three economists the same question, you'll get four different answers.
Can you help me find this quote about depression that said that depression is a more complex form of optimism please?
No, I can't and whoever said it is totally wrong and has no comprehension of Depression!
