mathlearner3802 mathlearner3802
  • 23-02-2021
  • History
contestada

If the cause of the Depression really was the failure of purchasing power, what should have been
done to end it?

Respuesta :

BerneseMtnDOG
BerneseMtnDOG BerneseMtnDOG
  • 23-02-2021

Answer:

The Depression was actually ended, and prosperity restored, by the sharp reductions in spending, taxes and regulation at the end of World War II, exactly contrary to the analysis of Keynesian so-called economists. ... There are better ways to reduce unemployment, as was shown after the war.

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