What failure of classical economics did the great depression highlight?

1 answer:

5 0

The answer is Classical economics. It is an expansive term that alludes to the predominant monetary worldview of the eighteenth and nineteenth hundreds of years. Scottish Enlightenment mastermind Adam Smith is generally viewed as the ancestor of traditional hypothesis, albeit prior commitments were made by the Spanish scholastics and French physiocrats. Other imperative supporters of established financial matters incorporate David Ricardo, Thomas Malthus, Anne Robert Jacques Turgot, John Stuart Mill, Jean-Baptiste Say and Eugen Böhm von Bawerk.

You might be interested in

Read the excerpt from "Opening Ceremonies of the New York and Brooklyn Bridge" by Hon. Seth Low, Mayor of the City of Brooklyn.

Hitman42 [59]

Answer:

THE SUBJJECTIVE LANGUAGE IS THE OPINION TO PERSUADE

Explanation:

7 0

2 years ago

Read 2 more answers

Who was the first ruler of babylon

Tamiku [17]

King nebuchadnezzar was the ruler of babylon

4 0

2 years ago

Which country was the first to declare war?

vitfil [10]

Answer:

Japan first declared war

3 0

1 year ago

Why were the ancient Olympic Games created?

Flauer [41]

Im guessing so they can have fun. There isn't a real answer for this because the person that created the games is no longer alive. But i think they wanted to have fun and they liked to do it. They probably practiced for it like they do today in the Olympics they do right now.

7 0

2 years ago

Read 2 more answers

What is Plumer's concern about a tie in the Electoral College? Why does he think this would be a bad outcome?

PolarNik [594]

Based on the passage context, Plumer's concern about a tie in the Electoral College is that "the decision to elect President would rest only on the House of Representatives."

Also, Plumer thinks this would be a bad outcome because each state would have one vote for the President; the states with a higher population of voters would be at a disadvantage in expressing their support for who they wanted to vote for.

Hence, in this case, it is concluded that Plumer believes the subsequent actions after the Electoral College tie would mostly not favor the States with a higher population of voters.

Learn more about Electoral College here: brainly.com/question/13474496

6 0

2 years ago