What problem did the Great Depression in the 1930s highlight that classical economics did not address? A How offten such an event would happen worlwide B How much the government should spend to revive the economy C How long the market would take to return to equilibrium D How many peopel would loose their jobs or homes

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History

Bobbie

20 August, 11:05

What problem did the Great Depression in the 1930s highlight that classical economics did not address? A How offten such an event would happen worlwide B How much the government should spend to revive the economy C How long the market would take to return to equilibrium D How many peopel would loose their jobs or homes

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Alice Romero · Answer 1

The main problem that classical economics did not address that occurred in the Great Depression was " How much the government should spend to revive the economy," which is still a source or major contention.