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The high rates of unemployment and business bankruptcies during the Great Depression of the 1930’s caused a dramatic increase in government intervention in the economy of the United States. What was the original intent of this government intervention? What were the most significant microeconomic and macroeconomic effects of this government intervention? Why?

The high rates of unemployment and business bankruptcies during the Great Depression of the 1930’s caused a dramatic increase in government intervention in the economy of the United States. What was the original intent of this government intervention? What were the most significant microeconomic and macroeconomic effects of this government intervention? Why?


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