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British economist whose theories helped justify new deal deficit spending?
Wiki User
∙ 13y ago
John maynard Keynes
Wiki User
∙ 13y ago
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Did the US use deficit spending to pay for the wars it has fought?
yes
Why was president Roosevelt reluctant to use deficit spending to help American economy from the great depression?
Franklin D Roosevelt was reluctant to use deficit spending to help the economy because he knew the effects it would have later.
Did the new deal more than double the us national debt through deficit spending?
yes
What federal public works projects did Herbert Hoover oppose?
required borrowing money and government deficit spending.
Which term refers to the government spending more money then they took in during the great depression?
U.S Federal Deficit
Who was the economist that proposed deficit spending?
John Maynard Keynes.
Who was the British economist who believed that govement that deficit spending in a recession could help the economy recover?
Keynesian theory
Who was an economist who thought the country would recover faster with deficit spending?
John Maynard Keynes.
Which british economist who believed that government deficit spending in a recession could help the economy recover?
John Maynard Keynes (5-Jun-1883 to 21-Apr-1946).
What is spending deficit?
Deficit spending is the opposite of budget surplus. It means spending more money than you have - going into debt.
What is the principal argument for deficit spending?
Principal argument for deficit spending is the central point of controversy in economics.
Economist john maynard keynes argued that the best way to address a long term economic depression was to?
Economist John Maynard Keynes argued that deficit spending was the best way to address a long-term economic depression. His policies are collectively known as Keynesian economics.
Did roosevelt use deficit spending during world war 2?
Roosevelt did use the deficit spending in World War 2. This was to help with the spending.
Spending more money than is taken in?
deficit spending
What type of spending involves heavy borrowing?
Deficit Spending.
How does deficit spending impact national debt?
Deficit spending is spending money raised by borrowing. It is used by governments to stimulate their economy during times of depression or economic slow-down. Unless the borrowing is repaid, deficit spending will increase the national debt.
What is deflect spending?
Deflect spending refers to the practice of redirecting or minimizing expenses in order to save money or avoid unnecessary costs. It involves finding alternative, more cost-effective options for goods or services, or delaying or eliminating non-essential purchases.
