The pure classical economic opinion of the depression and possible charity or government intervention on behalf of the unemployed is that unemployment can be reduces if government can reduce spendings that are not yielding.
<h3>What is classical economics?</h3>
Classical economics involves a planned economy usually a central planned. It helps in the distribution of income and wealth.
The economy focus on people and individual from the country or nation such that the main objective is the welfare of society.
The intervention also ensures that prices are regulated by the government to make it affordable by the people.
Therefore, The pure classical economic opinion of the depression and possible charity or government intervention on behalf of the unemployed is that unemployment can be reduces if governmental can reduce spendings that are not yielding.
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