Why did many conservatives disagree with new deal economic policies?
a. conservatives believed in balanced budgets, low taxes, and less regulation by the federal government.
b. conservatives believed that wealth should be equally distributed so no one would live in poverty.
c. conservatives believed that the federal government should have the power to regulate social programs.
d. conservatives believed that it was the job of the government to ensure economic opportunity for all.

The correct answer is A.

Conservatives were mostly in favour of laissez-faire economic policies, that consisted on free functioning of the markets with minimum goverment intervention. Markets alone, would produce the most efficent outcomes, according to their viewpoint.

On the other hand, the New Deal was based on Keynesian economics that identified, as the major cause of the Great Depression, the extremely low aggregate demand figures. The solution proposed by the New Deal was to boost demand figures by directing large sums of public money to the creation of job positions for the large unemployed sectors, so that they can start to earn a salary and to demand products again.

Therefore, the Keynesian solution involved very intense goverment interventionism in the economy, which was highly critized by conservative sectors. Moreover, critics stated that those large public expenditures would cause a terrible national budget deficit.

john maynard keynes developed new economic theories in response to the stock market crash of 1929. great depression of the 1930s. first and second world wars. economic boom of the 1950s.

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