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Mamont248 [21]
1 year ago
15

How was the U.S. government's response to the Great Depression different

History
1 answer:
OlgaM077 [116]1 year ago
5 0

The U.S. government's response to the Great Depression was different after Franklin D. Roosevelt's election as president because of: option B.

<h3>What is the Great Depression?</h3>

The Great Depression was a period of severe economic recession in the United States of America and it challenged the prevailing classical economic belief that the macro-economy would quickly return to long-run equilibrium due to a demand shock, since it wasn't until 7 years after the Great Depression began that real gross domestic product (GDP) returned to pre-Depression levels.

This ultimately implies that, the government of the United States of America response to the Great Depression was different after Franklin D. Roosevelt's election as president than it was before because it increased spending based on John Keynesian economic principles.

Read more on Keynesian economics here: brainly.com/question/15834304

#SPJ1

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