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What are some words that describe the Great Depression that begin with the letter K?
keynes, keynesian
What did Keynes believed the result of government in the problems of the people during the great depression would be?
Full employment
Which economic player did John Maynard Keynes feel was capable of restarting the economy during the Great Depression?
The government
What economic condition did the economist John Maynard Keynes believe caused the Great Depression?
Strict control on stock speculation
Who originally proposed the use of government spending to stimulate the economy in the 1930's during the Great Depression?
John Maynard Keynes
Related Questions
John Maynard Keynes applied his theories to the problems of what crisis?
Great Depression
Macroeconomic policies became more influenced by Keynes' theories starting with?
The Great Depression
What are some words that describe the Great Depression that begin with the letter K?
keynes, keynesian
What did Keynes believed the result of government in the problems of the people during the great depression would be?
Full employment
Keynes believed that the result of government involvement in the problems of the people during the Great Depression would be?
Full Employment
Which economic player did John Maynard Keynes feel was capable of restarting the economy during the Great Depression?
The government
Keynes believed that the government must get involved in the economy to bring the country out of the Great Depression?
Keynes believed that only government intervention could get a country out of a depression and the economy back on track.
What economic condition did the economist John Maynard Keynes believe caused the Great Depression?
Strict control on stock speculation
What economic condition did economist John Maynard Keynes believe caused great depression?
Strict control on stock speculation
Who originally proposed the use of government spending to stimulate the economy in the 1930's during the Great Depression?
John Maynard Keynes
What did Keynes believe the result of government involvement in the problems of the people during the great depression would be-?
The problems of the people would be full employment.
What are the Keynes' critiques on classical economics?
One of the main critiques is on say's law, which is that supply creates its own demand. In a nutshell Keynes was able to explain the great depression by saying that demand creates supply. This is extremely simplified.
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