The construction of hoover dam was the result of what kind of government intervention in the economy?

a. a public works program

b. a government loan program

c. lower interest rates

d. price controls

The correct answer is A) Public works program.

Hoover was president during the Great Depression in the United States. In order to help the US recover from this economic depression, Hoover created public works projects to help employ thousands of citizens. However, this was one of the few programs he implemented. This was not enough to help the American economy make a full recovery. Hoover would eventually lose his next election against FDR.

They regulate some aspects of production and distribution.

Explanation:

In the mixed market economy, the government's main role is to :

- ensure that the competition among the private sectors occur fairly

- Ensure the protection of every citizens from the economic competition.

In order to do this, the government need to regulate several aspects of the business. For example :

- The government can ban several materials from being used in production if we have enough proof that the materials will be dangerous for Customers.

- The government cold also create a regulation regarding minimum-wage and maximum working hours in order to ensure that the workers are treated fairly.