President Ronald Reagan rejected the theory of Keynesian economics, this theory proposed by John Maynard Keynes, embodied in his work General Theory of Employment, Interest and Money, published in 1936 in response to the Great Depression of 1929, the central principle of this school of thought is that state intervention can stabilize the economy, Keynesianism is one of the best-known economic theories, its main characteristic is that it supports interventionism as the best way out of a crisis and as a mechanism to stimulate demand and regulate the economy in times of depression.
Back then <span>Europeans prohibit trading between the different American colonies because the practice Mercantilism, which means that they wanted to keep all their wealth to themselves.
When Trades between two entity happens, both wealth of the trading partners will increase due to the profit that they generate through the trades. The Europeans do not want this to happen because they wanted to keep America powerless and under their control.</span>
Explanation:
sorry couldn't get the full pic..but this is the answer.
He promised the people a constitution but then gave up the throne so therefore it was never written.
