Could the U.S. government could have done anything to prevent the Great Depression? Why or why not?

Could the U.S. government could have done anything to prevent the Great Depression? Why or why not?

Could the U.S. government could have done anything to prevent the Great Depression? Why or why not?

Could the U.S. government could have done anything to prevent the Great Depression? Why or why not?

I suppose the main thing the government could have done to prevent the Great Depression would have been to stop the bubble in stock prices from happening.  They could have outlawed (or at least regulated) the margin buying and some of the other abuses that were pushing up stock prices.They might also have been able to prevent the Depression by doing some of the things they ended up doing after the Depression had started.  Insuring bank deposits would have made a huge difference because the banks going broke was one of the major things that spread the Depression.Of course, it’s pretty hard to expect them to have seen all of that stuff ahead of time.  Our own situation today shows it’s hard to tell when theings are about to go bad.
Could the U.S. government could have done anything to prevent the Great Depression? Why or why not?