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Subordinates are more likely to be influenced by written and oral directions provided directly from their supervisor,rather than by witnessing a manager's decisions and behaviors.
John Maynard Keynes
A British economist whose theories on the effects of government spending and total demand influenced modern macroeconomics and government fiscal policy.
Karl Marx
A 19th-century philosopher, political economist, and revolutionary, best known for his critical analysis of capitalism and his advocacy for communism.
Great Recession
A significant global economic downturn that began in 2007 and lasted until 2009, marked by the collapse of the housing market and financial crisis.
Keynesian
Relating to the economic theories of John Maynard Keynes, which advocate for government intervention to manage business cycles and stimulate the economy during downturns.
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