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anyanavicka [17]
3 years ago
8

In what ways did the Federal government finally try to help stem the tide of the Great Depression?

History
1 answer:
solmaris [256]3 years ago
5 0
The Federal government finally tried to help stem the tide of the Great Depression in the form of the New Deal, which was initiated by FDR and increased the scope of government. 
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The competition between markets and businesses will create more productivity in the work place, allowing the rate of technological innovation to increase. This will cause the society to advance while the costs of goods and services will decrease.

Capitalist societies usually do not have large black markets. Therefore, capitalist societies tend to have less crime.

Capitalist nations promote free trade allowing more nations to cooperatively work together for more economic liberty. This will likely mitigate disputes between nations.

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