Question

____________________ was a major reason why the United States changed more towards a mixed market economy.

Answer 1

Answer:

The correct answer is The Great Depression .

Explanation:

Would you like an explanation?

Answer 2

Answer:

The correct answer is C. The Great Depression was a major reason why the United States changed more towards a mixed market economy.

Explanation: The Great Depression was a worldwide economic downturn that began with the Stock Market Crash in 1929 and lasted through the 1930s. The central countries where the depression was unleashed were the United States and European countries, where cities, especially those that were built around heavy industry and building and construction, were hit hard. Farmers and the countryside were also affected, as agricultural commodity prices fell by up to 50%.

However, mining and forestry may have been the hardest-hit industries, when demand fell drastically and there were few other employment opportunities for those who had worked there.  

The Great Depression had major political consequences. Democratic governments used new tools in economic and social policy to counter the crisis, as used by the Roosevelt administration, which carried out several Keynesian economic policies in the second half of the 1930s.