Do the length and severity of the Great Depression reflect a defect in the operation of markets? Do they reflect a failure of government policy?

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
ChapterST6: Lessons From The Great Depression
Section: Chapter Questions
Problem 2CQ
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Do the length and severity of the Great Depression reflect a defect in the operation of markets? Do they reflect a failure of government policy?  

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