classicals saw the depression as a political problem, not an economic problem. why?,

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classicals

The Great Depression is one of the most studied economic events in history, but it was also a deeply political problem. Classicals saw it as such and they had a point. The reason that many people turned to fascism during this era is not because of economics but because of politics. In this post, we will discuss what classicals thought about the depression and why they viewed it as a political problem instead of an economic one. Introduction:

The Great Depression is one of the most studied economic events in history, but it was also a deeply political problem.

Classicals saw it as such and they had a point. The reason that many people turned to fascism during this era is not because of economics but because of politics. In this post, we will discuss what classicals thought about the depression and why they viewed it as a political problem instead of an economic one. The early 20th century was marked by increasing inequality between capital owners and laborers (Micklethwait & Wooldridge). This meant that there were large numbers of workers who did not have access to sufficient resources for their survival or even comfort level. Workers would often protest these working conditions which lead

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