Question

draw two historical conclusion​

Answer 1

Answer:

If we talk about the economic fronts, then two key lessons can be drawn from history to prevent a situation like the Great Depression :

• Mass Production along with Mass Consumption - In order to sustain economy, there is should high production. And high production can lasts only with high consumption.

• Government role - Even in a capitalistic country, to create mass consumption there must be full employment of people along with appropriate wage. For this the government has to interfere in the economy.