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Why wasn't there a radical revolution in the US when it's economy failed in the late 20's and its government apparently could not deal with the disaster?
Wiki User
∙ 12y ago
Once FDR proposed the idea of the New Deal, people begun to have hope that the economy would soon improve, ending the Great Depression. There was no uprising or revolution because the people were led to believe that the New Deal would bring them out of the Great Depression, and they had faith that everything would improve.
Wiki User
∙ 12y ago
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What is an economy controlled by the government?
An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
What revolution led to European predominance in the world economy?
Industrial Revolution
