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Why did the Great Depression weaken faith in liberal capitalism?

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Answer and explanation

Correct answer: Market system failed to stop mass unemployment and banking crisis

The Great Depression encouraged both state intervention and extremist ideologies. For exams remember New Deal and fascism contexts.

Related tags

Great-DepressionCapitalismEconomic-Crisis

Frequently asked questions

What is the correct answer to this question?

Market system failed to stop mass unemployment and banking crisis

Why is this the correct answer?

The Great Depression encouraged both state intervention and extremist ideologies. For exams remember New Deal and fascism contexts.

Which subject and chapter does this question cover?

This is a Class 10 General Knowledge question. Chapter: World History. Topic: Important Historical Events.

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