Keynesian economics uses government to increase aggregate demand through both spending and tax cuts. Supply-side economics tries to increase aggregate supply through tax cuts.
Classical economics emphasizes the importance of free markets and minimal government intervention, believing that the economy will naturally self-regulate. Keynesian economics, on the other hand, advocates for government intervention during economic downturns to stimulate demand and stabilize the economy. The key difference lies in their views on the role of government in managing the economy.
Compare and contrast it with what?
1. Compare 2. Contrast
compare is when you compare two things that are the same and contrast is when you compare two things that are different.
compare and contrast the lakes,wetland and rivers?
compare and contrast between triangles and a trapezoid
Compare.
compare and contrast of paradise book 1 and book9
compare & contrast the similarities & differences of a relation & function
The answer depends on what you wish to compare and contrast it with.
compare - contrast words:by the same tokenconverselyinsteadlikewiseon one handon the other handon the contraryrathersimilarlyyetbuthoweverstillneverthelessin contrast
compare and contrast mean the equalities and differences between what you are comparing and contrasting.