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Which of the following was not a solution to the Depression favored by Classical economists?

A. Break up labor unions.
B. Hire unemployed workers for public works programs.
C. Let market forces operate.
D. Stop government measures that held up wages and prices.

Sagot :

Final answer:

Classical economists favored letting market forces operate to address the Depression, rejecting direct government job creation. This differed from some modern approaches seen during the Great Depression.


Explanation:

Classical economists favored letting market forces operate as a solution to the Depression. This approach believed that the economy would naturally reach equilibrium without government intervention. Therefore, the option not favored by Classical economists would be Hire unemployed workers for public works programs as it involves direct government intervention in creating jobs.


Learn more about Classical economists and solutions to the Great Depression here:

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