Business, 04.04.2020 09:12 giovannymarvez16

When Roosevelt cut spending in 1937, the U. S. economy returned to the abysmal economic status of 1932–1933; yet, despite reversing course and adopting the countercyclical, "compensatory" spending approach devised by economist John Maynard Keynes, what financial crisis ensued?

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When Roosevelt cut spending in 1937, the U. S. economy returned to the abysmal economic status of 19...