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Pie
2 years ago
8

It is often said that hindsight is 20/20. Looking back upon the Roaring Twenties, what might have been done to avoid the Great D

epression?
History
1 answer:
defon2 years ago
8 0

A more aggressive tightening of monetary supply by the Federal Reserve could have deflated the market and perhaps helped avoid the crash. The Fed then blundered by tightening after the crash, making the problem worse and extending the Great Depression.

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In her recollection of arriving in the United States, Priesland depicts a warm day in which everyone was thirsty because of the heat.

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