1. The Great Depression lasted between 1929 to 1939.
2. It was triggered by decline in demand and fall of prices.
3. Maxist Economists argued that it was because of capitalism and can be got rid of only with socialism.
4. Economist JM Keynes argued state shall play a crucial role and intervene effectively.
5. During decline state shall invest and generate employment and help people to earn money and demand goods in market.
6. The countries like USA, England and Germany followed this way and stood successful in coming out of Great Depression.
7. I would agree with it as it is result oriented.
