History, 18.07.2019 09:30 lunax7x7

After the fall of the economy in 1929 what did classical economists believe to be the solution

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Answer from: ily50

After the fall of the economy in 1929 the classical economists believed the solution of the Great Depression to be to wait for the call me to achieve equilibrium. The great depression was a worldwide economic depression that lasted for 10 years. It is believed that past chairman of the Federal Reserve, the central bank helped create the Depression. In 1932, President Franklin D. Roosevelt promised to create federal government programs to end the Great Depression, he signed a new deal that created 42 new agencies that were designed to create jobs, allow unionization and provide unemployment insurance, which helped safeguard the economy an prevent another depression.

Answer from: Quest

i think it was because of how protected egyptian civilization was was which allowed them to evolve without much outside influence.

Answer from: Quest

1. ford: gerald ford´s presidency, from 1974 to 1977, faced high inflation, named it public enemy nº1, and created the win program (whip inflation now).

2. carter: president from 1977 to 1981, carter had controversial poitions over abortion, but yet, he enforce the roe vs wade decision, which had pro-choice content.

3. reagan. for his eloquency and powerful speeches in his mandates, from 1981 to 1989, reagan earned this nickname, “the great communicator” .

4. george h w bush: despite many presidents had important roles in managing and trying to end the cold war, it was in bush sr's mandate that the berlin wall was materially destroyed, and he was visited by gorbachev in the uspresident from 1989 to 1993.

5. clinton: defense of marriage act. clinton signed this controvesial act, which defined marriage and spouses in strict heterosexual perspective, that was later declard unconstitutional by the us supreme court.

6. george w bush: in the begining of his presidency, which lasted until 2009, bush jr faced the greatest terrorist attacks in us and probably the worlds history, in september, 11 of 2001.

7. obama: in attempts to cease a great economical crisis, barack obama signed the controversial recovery act in february 2009, which handled 780-billion dollars.

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After the fall of the economy in 1929 what did classical economists believe to be the solution...