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defon
3 years ago
8

What group thought a state-run economy would help end the depression?

History
2 answers:
MissTica3 years ago
8 0
Socialists thought that a state-ran economy would en the depression
SSSSS [86.1K]3 years ago
4 0

Question: What group thought a state-run economy would help end the depression?

Answer: <u>Socialists believed that a state-run economy would help end the depression.</u>

Explanation: Socialists believe in an economic system where money and other forms of capital, are owned only by the public or state. They believe that what is good for one person, is also good for all the people. Everyone is expected to work for their own good but also for the good of everyone else. The socialist thought that a state-run economy would improve the Depression by having the states control commercial economic activity and organizing and managing production as state-owned business enterprises.

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