Before the Great Depression, macroeconomic policy was based primarily on _____
A) human spirits.
B) demand-side economics.
C) supply-side economics.
D) laissez-faire philosophy.
E) government interference.

Question

Quizplus · Accepted Answer

Before the Great Depression, macroeconomic policy was based primarily on the laissez-faire philosophy, which emphasized minimal government intervention in the economy and relied on market forces to regulate economic activity.

Before the Great Depression, Macroeconomic Policy Was Based Primarily on _____