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During the last century there have been many fundamental changes throughout the global economy. This essay will argue that government intervention is necessary. Governments have adjusted and implemented new programs to accommodate changes in the cycles in boom and bust. Markets and command structure cannot function individually. There have been many failures. A Major example is the great depression in late 1929. The Roosevelt administration implemented many social benefit programs to assist Americans in getting through the depression called the New Deal. But the major fix of the depression was the start of WW2 when the economy was mostly centralized around production of war mechanisms. The first lesson is that g