Jacobalonso2017 Jacobalonso2017
  • 04-03-2021
  • History
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Why was there no intervention by the United States Government for the great depression?

Respuesta :

bjones5444 bjones5444
  • 06-03-2021

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.

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