According to most historians, <u>boosting </u><u>consumer spending</u> would have made the New Deal more effective in solving the economic crisis during the Great Depression.
<h3>What is consumer spending?</h3>
Consumer spending is the expenditure incurred by households and individuals.
Consumer spending includes expenditure on services, durable goods, and nondurable goods.
Consumer spending boosts the industrial production of goods and services by businesses. Industrial production encapsulates investments and necessary economic boosters.
Thus, most historians agreed that the New Deal (that is, the anti-depression programs of President FDR) failed to solve the economic crisis during the Great Depression because it did not boost consumer spending.
Learn more about Consumer Spending and the New Deal at brainly.com/question/1757210 and brainly.com/question/11739226
#SPJ1
