Why didn't the government intervene or set up a bail out during the great depression

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Brent Morse

26 February, 01:35

Why didn't the government intervene or set up a bail out during the great depression

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Hazel Swanson · Answer 1

Because, at that time, the unwritten rule of the politics regarding this kind of situation was the rule of laissez-faire, meaning that the economy should be left do deal with it's problems without the intervention of the government.