Question

The Great Depression that started in 1929 left a legacy that changed in the way the government handled domestic policy. The

government now:
moose the best answer from the options below:
A
B
C
D
E
Leaves the market alone and does nothing to correct it
Tries to handle economic factors and cycles the best way possible
Follows Adam Smith's ideals
Follows classical economic theory
None of the above

Answer 1

The Great Depression prompted a change in the government's approach to domestic policy, leading to a more active role in managing economic factors and cycles.

Step-by-step explanation:

The Great Depression in 1929 had a profound impact on how the government handled domestic policy. Instead of leaving the market alone and doing nothing to correct it, the government took a more active role in managing economic factors and cycles. This shift away from a hands-off approach and towards interventionist policies was a response to the economic devastation caused by the Great Depression. It marked a departure from Adam Smith's ideals and classical economic theory, as the government now saw the need to regulate and stimulate the economy during times of crisis.

Learn more about The government's response to the Great Depression