What event marked the major historical turning point in the relationship between the government and the marketplace?

Question

Quizplus · Accepted Answer

The Great Depression marked a major turning point in the relationship between the government and the marketplace, as it led to the implementation of significant regulatory measures and social welfare programs to address economic instability and inequality. This shift persisted beyond the Depression era and has largely defined the role of government in the economy to this day.

What Event Marked the Major Historical Turning Point in the Relationship