The Great Depression
Clip: 1/12/2021 | 2m 38sVideo has Closed Captions
The Depression led Marriner to believe in a more active role of government in the economy.
Marriner Eccles' experiences during the Great Depression led to an epiphany — rather than relying solely on the free market, Marriner came to believe that in times of economic hardship, the federal government had a responsibility to intervene on behalf of the people, or risk the collapse of democracy and capitalism both.
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Marriner Eccles: Father of the Modern Federal Reserve is a local public television program presented by PBS Utah
Funding provided by the Lawrence T. & Janet T. Dee Foundation, and by Vincent P. and Janet Mancini.
The Great Depression
Clip: 1/12/2021 | 2m 38sVideo has Closed Captions
Marriner Eccles' experiences during the Great Depression led to an epiphany — rather than relying solely on the free market, Marriner came to believe that in times of economic hardship, the federal government had a responsibility to intervene on behalf of the people, or risk the collapse of democracy and capitalism both.
Problems playing video? | Closed Captioning Feedback
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Marriner Eccles: Father of the Modern Federal Reserve is a local public television program presented by PBS Utah
Funding provided by the Lawrence T. & Janet T. Dee Foundation, and by Vincent P. and Janet Mancini.