The dominant economic view in america prior to the onset of the great depression in 1929 was:_______

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25-07-2022
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The dominant economic view in america prior to the onset of the great depression in 1929 was:_______

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Parrain Parrain · Answer 1 · 2022-08-05T19:11:18+02:00

Before the onset of the Great Depression in 1929, the dominant economic view was A.economies should be able to reach full employment through a process of self-correction.

What did people believe about the economy pre-1929?

Classical economics was the main economic thought before the Great Depression in 1929 and it called for the economy reaching full employment by correcting itself.

This changed after the Great Depression which logic by John Maynard Keynes showing that government intervention in the economy was necessary for full employment.

Find out more on classical economics at https://brainly.com/question/2965799

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