How does something like the Great depression happen? 430 viewsDecember 31, 2023 Question100.55K October 9, 2023 0 Comments If every country is in some sort of recession, shouldn’t the economy adjust accordingly as opposed to falling even more? In: 53 10 Answers ActiveNewestOldest Anonymous Posted October 9, 2023 0 Comments The economy can only adjust if it is allowed to adjust. The Great Depression did not become Great until FDR responded to the recession (caused, like most recessions, by inconsistent policy at the central bank) by forbidding natural adjustments. You are viewing 1 out of 10 answers, click here to view all answers. Register or Login
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