policies against depression 
In '29, out of the crisis affected countries adopted almost all the same policies, inspired by Keynesian principles and then to more state intervention in the economy. But not right away. The rulers were quick to intervene, because the economic concepts related to the effect that a liberal state interference in the economy was considered harmful. Economists who followed the liberal orthodoxy were convinced that the market alone would be able to eliminate the crisis and restore economic balance. The state should restrict itself to having to provide a sound currency and a government budget in balance. The results of neoliberal policies were not satisfactory, and the United States claimed the presidency in favor of the Republican Hoover Franklin Delano Roosevelt Democrat. Domestic demand was supported by the policy of "Deficit Spendig" (deficit spending) that drew on the theories of Keynes. The state went so everywhere a number of public works (land reclamation, construction of roads, electrification, etc. ...), which provided useful goods, but not sold on the market and which provide remuneration to workers who could well have money to spend to support private consumption. In the U.S. intervention was implemented with the "New Deal" (New Course) of President Roosevelt. Even in Italy the state intervention was particularly decisive. Were carried on the "Battle of Wheat" and "reclamation", were built many public works, he conceded the household workers and expanded social insurance. In 1933 he was made a public institution, the IRI (Institute for Industrial Reconstruction), which took its industrial shareholdings held by banks saved with the aim of later selling them to individuals. But only the reset and the outbreak of the Second World War finally put an end to the long depression of the thirties and could riassorbile unemployment.
In '29, out of the crisis affected countries adopted almost all the same policies, inspired by Keynesian principles and then to more state intervention in the economy. But not right away. The rulers were quick to intervene, because the economic concepts related to the effect that a liberal state interference in the economy was considered harmful. Economists who followed the liberal orthodoxy were convinced that the market alone would be able to eliminate the crisis and restore economic balance. The state should restrict itself to having to provide a sound currency and a government budget in balance. The results of neoliberal policies were not satisfactory, and the United States claimed the presidency in favor of the Republican Hoover Franklin Delano Roosevelt Democrat. Domestic demand was supported by the policy of "Deficit Spendig" (deficit spending) that drew on the theories of Keynes. The state went so everywhere a number of public works (land reclamation, construction of roads, electrification, etc. ...), which provided useful goods, but not sold on the market and which provide remuneration to workers who could well have money to spend to support private consumption. In the U.S. intervention was implemented with the "New Deal" (New Course) of President Roosevelt. Even in Italy the state intervention was particularly decisive. Were carried on the "Battle of Wheat" and "reclamation", were built many public works, he conceded the household workers and expanded social insurance. In 1933 he was made a public institution, the IRI (Institute for Industrial Reconstruction), which took its industrial shareholdings held by banks saved with the aim of later selling them to individuals. But only the reset and the outbreak of the Second World War finally put an end to the long depression of the thirties and could riassorbile unemployment. 
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