Keynesian Economics
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Words: 804
Pages: 3
(approximately 235 words/page)
Pages: 3
(approximately 235 words/page)
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showed first 75 words of 804 total
showed last 75 words of 804 total
…stimulate the economy. If governments spent money on public works it would help purchasing power. He believed that this government aid would stabilize a capitalist marketplace and the created employment would make up for the deficit. Many doubted his ideas and this created major controversy. However, when Roosevelt was out of all other ideas and implemented Keynesian economics the economy improved. Keynesian economics has effected the post-Depression era and has changed the world economy forever
…stimulate the economy. If governments spent money on public works it would help purchasing power. He believed that this government aid would stabilize a capitalist marketplace and the created employment would make up for the deficit. Many doubted his ideas and this created major controversy. However, when Roosevelt was out of all other ideas and implemented Keynesian economics the economy improved. Keynesian economics has effected the post-Depression era and has changed the world economy forever
