Question

For most of American history prior to the New Deal, the government and most of

American society promoted laissez faire policies for the economy. How did the Great
Depression challenge and/or change those long held ideas?

Answer 1

The new deal expanded governments role in our economy, by giving it the power to regulate previously unregulated areas of commerce. Those primarily being banking, agriculture and housing. Along with it was the creation of new programs like social security and welfare aid for the poor.

Step-by-step explanation: