John Maynard Keynes, in Trying to End the Great Depression

question 31

Multiple Choice

John Maynard Keynes, in trying to end the Great Depression of the 1930s, argued that ____________.

• A) supply and demand did not automatically balance in market economies
• B) private investors could not be relied upon to make the right investment decisions to help a society achieve its full economic potential
• C) communism was a better system than capitalism
• D) national economies should be guided by state actions to attain sustained rates of growth
• E) All of the above except C

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Definitions:

Extra Mile

Going beyond what is required or expected in order to achieve excellence or demonstrate commitment.

Free Services

Services offered without charge to the recipient, often as part of a promotional, charitable, or business model.

Internal Customer

Employees or departments within an organization that rely on the support or services of another part of the organization to do their job effectively.

Emotional Trap

A situation where one's feelings hinder rational decision-making or lead to a negative outcome.