Answer:
The best thing that should have been done would be to control production and the economy, that is, what went in and out.
Explanation:
During the Roaring Twenties, there was no control over the production, which means that industries were producing too much for a demand that was not so great. In this way, products that did not move money accumulated, adding expenses. Another important point would be the control of the economy, and the education of the population about it. Do not spend too much and avoid loans. More importantly, the government should regulate the production, purchase, and sale of products.
Two things would have been done to avoid the great depression
The great depression was a period of economic downturn in the United States. At this time, a lot of banks in the US started to fail. Also there was a lot of unemployment in the country.
One thing that could have helped to stop this was if there was a regulation for the brokers in the country. These brokers were the ones that made the bad loans and also hedge funds. The leverage that was used was on the high side.
Another that it could have been solved was if the country had decided to buy back the bad loans.
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