content area Part 1 The classical school of thought, which dominated economics until the 1930's, believed which of the following? Part 2 A. Over a relatively long period of time wages and prices would adjust and naturally to bring the economy back to full employment. B. Over a relatively short period of time wages and prices would adjust quickly and naturally to bring the economy back to full employment. C. Over a relatively short period of time wages and prices would require massive government intervention to bring the economy back to full employment. D. Over a relatively long period of time wages and prices will never restore themselves to bring back full employment