Asked by Aaron Alfin on May 07, 2024

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According to Supreme Court Justice Louis Brandeis, how could corporations have prevented the Great Depression?

A) by prohibiting unions
B) by investing locally
C) by exporting more goods overseas
D) by giving workers more purchasing power
E) by promoting artificial pricing

Great Depression

A severe worldwide economic depression that took place during the 1930s, marked by massive unemployment, deflation, and widespread poverty.

Louis Brandeis

An influential American lawyer and Associate Justice of the U.S. Supreme Court (1916-1939), known for his support of privacy rights and progressive social policies.

Purchasing Power

The ability of an individual or group to buy goods and services, often considered in terms of the quantity of goods and services that one unit of money can buy.

  • Discuss the impact of New Deal legislation on workers and labor unions.
  • Analyze the influence of the New Deal on American liberalism and political philosophy.
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AW
Adrian WhiteMay 09, 2024
Final Answer :
D
Explanation :
Justice Louis Brandeis believed that by giving workers more purchasing power, it would lead to a more equitable distribution of wealth and help prevent economic downturns like the Great Depression. He argued that fair wages would enable workers to buy the products they produced, thus sustaining demand and promoting economic stability.