Andrew Mellon and the Great Depression: The Result of Laissez-Faire Economics
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YouTubeAmerican History Figures
Andrew Mellon and the Great Depression: The Result of Laissez-Faire Economics
Andrew Mellon, born in 1855, was a powerful American banker, industrialist, and Secretary of the Treasury under three presidents. As a strong proponent of laissez-faire economics, Mellon championed tax cuts primarily benefiting the wealthy, believing that this approach would stimulate investment and economic growth. However, when the Great ...
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