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4bc16de163 Government contractors were paid in full for their costs, plus a certain percentage profit margin. Against the popular stereotype, Rothbard shows that Hoover was not a partisan of laissez-faire. 205. Robert Whaples, "Where Is There Consensus Among American Economic Historians? The Results of a Survey on Forty Propositions," Journal of Economic History, Vol. The most protectionist legislation in U.S.
Right wing movements sprang up, often following Italy's fascist mode. As the Great Depression worsened, Labour lost power in Britain and a coalition government dominated by conservatives came to power in 1931, and remained in power until 1945. Political results of the depression. citizens, were deported against their will. Local and provincial government set up relief programs but there was no nationwide New-Deal-like program. Roose, "The Recession of 193738" Journal of Political Economy, Vol. For various reasons, government policies were adopted that ballooned the quantity of money and credit. sociological study of Muncie, Indiana McElvaine Robert S.