Question

Which economist most supported the idea that governments should spend money to help fuel economic growth during periods of economic crisis? O A. Adam Smith O B. Thomas Robert Malthus O C. John Maynard Keynes O D. Karl Marx

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Answer 1

Answer:

C. The economist that most supported the idea that government should spend money to help fuel economic growth during periods of economic crisis is John Maynard Keynes

Answer 2

According to economist John Maynard Keynes, conventional economic theory does not offer a strategy for ending depressions.

He stated that because of the uncertainty, people and businesses have stopped investing and spending, and government investment is necessary to restart the economy. Option C Is Correct: John Maynard Keynes

What was done by John Maynard Keynes?

Early 20th-century British economist John Maynard Keynes (1883–1966) is best known as the creator of Keynesian economics and the father of contemporary macroeconomics, the study of how economies—markets and other large-scale systems—behave.

British economist John Maynard Keynes (1883–1946), often considered as the father of contemporary macroeconomics, is the source of the name, theories, and guiding principles of Keynesian economics.

The General Theory of Employment, Interest, and Money, his most well-known work, was released in 1936.

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