In your opinion, which is the better plan? Use information we have talked about in class or research from the internet to help your answer.
An economic depression is defined as any time when a nation's overall unemployment rate is above 25%. We have discussed in great detail the causes of America's Great Depression and the two different plans or interpretations on how the government should deal with this problem. President Hoover considered the depression to be a result of the natural business cycle and government intervention would actually slow down the natural bounce back. President Roosevelt took a more Keynesian approach, spending government money to get relief for people and to create jobs for those that needed them.
In your opinion, which is the better plan? Use information we have talked about in class or research from the internet to help your answer.
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