According to T.H. Watkins, what were the factors that caused and deepened the Great Depression? How did Herbert Hoover respond to the failed economy? Why did Hoover respond in the manner that he did? What were the shortcomings of Hoover’s approach according to Watkins? According to William E. Leuchtenburg, what were FDR’s reasons for attempting to “pack” the Supreme Court? Why was “court-packing” unsuccessful? What are the lessons that should be learned, according to Leuchtenburg, about the separation of powers/sanctity of the Supreme Court from the mistakes of Roosevelt in the “court-packing” episode?

What were the major reasons for great depression

What evidence have you discovered that points to the Classical, Keynesian, and Monetarist theories being debated today?

Summarize the causes of the Great Depression.

In early 2020, some commentators warned that the unprecedented global pandemic crisis  would lead to Greater Depression. This type of prediction led many to revisit the Great  Depression in the 1930s to see if there is any parallel. At the time, no one could rule out the possibility of another depression. Yet many economists believed that the very mistakes that had led to the Great Depression could be avoided this time. What are the policy mistakes that had led to the Great Depression?a. Fed failed to follow Walter Bagehot’s dictum that during a financial panic, central banks should lend freely to solvent firms against good collateral at penalty rates.b. Fed allowed the money supply to fall by one-fourth, which likely caused the deflation in the early 1930s.c. Fiscal policy was tightened to pursue a balanced budget.d. The U.S. government did not abandon the gold standard until 1933 (the gold standard constrains the monetary policy).e. All of the above are thought to be the policy…

Identify the central causes of the Great Depression

During the 2008-2011 financial crisis, two members of Congress proposed reinstituting the military draft as a solution to high unemployment, citing the experience of World War II. Would this have been a viable policy option? Discuss.

True or False ? Ben Bernanke believes that Milton Friedman and Anna Schwartz’s explanation of the causes  of the Great Depression were silly and wrong.

Can you explain why the great depression was the result of much more than just a stock market crash?

How did the lives of women, workers, and racial and ethnic minority groups change during the Great Depression? What role did the New Deal play in helping those groups of Americans?