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Would the Great Depression have occurred if the monopolies of the early 20th century were left intact?

These companies were huge! Would FDR have to bail them out during the Depression? Or was it more like the Compromise of 1850, only delaying the inevitable onslaught of the Depression? Would the Great Depression have occurred earlier?

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One Response to “Would the Great Depression have occurred if the monopolies of the early 20th century were left intact?”

  1. augie6_1 says:

    It is hard to say of course but there were a number of factor affecting the Great Depression.

    There has never been one consensus explanation for the Great Depression. Since 1929, economists and historians have developed a number of competing theories to explain the American economy’s disastrous performance in the 1930s, and their debates over the true causes of the Depression—which have profound public-policy implications even today—have often been quite contentious.

    From Shmoop

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