104k views
5 votes
How did government policies contribute to the Great Crash? Please help asap

User Lakeshia
by
4.6k points

1 Answer

5 votes
The government's “easy money” policies caused an artificial economic boom and a subsequent crash. President Herbert Hoover's interventionist policies after the crash suppressed the self-adjusting aspect of the market, thus preventing recovery and prolonging the recession.Feb
User Lalameat
by
4.2k points