Q&A: Why couldnt the Classical and Neoclassical economists not explain the causes of Great Depression?

Question by yay-uh: Why couldnt the Classical and Neoclassical economists not explain the causes of Great Depression?
i know its because of their different beliefs. such as say's law and belief of no government intervention. but please explain more?


Best answer:
Answer by AnjareeYou have two nots in your question. But Say's law, supply creates its own demand, is still true.The main reason of the classic and neoclassic alike is, if there is no rigidity in the labor and product markets,

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