The economic cycles of boom and bust have been constant, but the U.S. government did not try to prevent these cycles until what decade?

Question

Quizplus · Accepted Answer

It wasn't until the 1930s that the U.S. government implemented policies and programs under President Franklin D. Roosevelt's New Deal in an attempt to prevent future economic depressions and stabilize the economy. Before that, economic cycles of boom and bust were seen as a normal part of the market and were not actively intervened in by the government.

The Economic Cycles of Boom and Bust Have Been Constant