At the time of the Great Depression, the __________ believed that the economic disruptions being experienced were temporary and that market forces would eventually reestablish prosperity.

Question

Quizplus · Accepted Answer

Classical economists held the belief that markets are self-correcting and that, given time, economic imbalances would resolve themselves without the need for government intervention. This view contrasts with Keynesian economists, who advocate for active government intervention in the economy during downturns.

At the Time of the Great Depression, the __________ Believed