Keynes Was Especially Concerned with Explaining the

question 91

Multiple Choice

Keynes was especially concerned with explaining the

• A)recession of 1920-21.
• B)low levels of output and employment during the Great Depression.
• C)strong economic growth of the 1920s.
• D)high unemployment in Great Britain during the 1920s.

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Definitions:

Esteem Needs

According to Maslow's hierarchy of needs, these are the fourth tier of human needs, focusing on self-esteem, respect, status, recognition, strength, and freedom.

Love And Belongingness

A human motivational need, according to Maslow's hierarchy of needs, involving interpersonal relationships, affection, group membership, and love.

Self-Actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone, the highest level of Maslow's hierarchy of needs.

Psychological Drives

Internal motivations that propel individuals to act in certain ways, often related to basic physiological needs or desires.