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V125BC [204]
2 years ago
7

On what grounds did the Austrian-born economist Friedrich A. Hayek reject the New Deal state?

History
1 answer:
GenaCL600 [577]2 years ago
5 0

The correct answer is letter C.

Explanation:  Liberal economist Friedrich Hayek, identified in early 1929 that the economic boom would end. And it was right. The result of this state intervention in the economy was the crash of the New York Stock Exchange in October 1929, which, until today, is mentioned by the enemies of liberty as the fault of "capitalism."

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