Keynes Believed That to End the Great Depression

question 225

Multiple Choice

Keynes believed that to end the Great Depression:

• A) only a government takeover of industry could save the economy.
• B) the capitalist system needed only a narrow technical fix.
• C) a decrease in government spending would increase the budget deficit.
• D) a decrease in the money supply would cause inflation.

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Definitions:

Customer

An individual or business that purchases goods or services from a company.

Retailer

A business or individual that sells goods or services directly to consumers, acting as the final link in the supply chain.

In-Transit Merge

Logistics strategy where goods from different suppliers are combined into a single shipment en route to the customer to reduce handling costs and improve efficiency.

Drop-Shipping

A retail fulfillment method where a store doesn't keep the products it sells in stock but instead transfers the customer orders and shipment details to either the manufacturer or a wholesaler, who then ships the goods directly to the customer.