Keynes argued that the private sector was unable to keep the economy at full employment. as a result, the government should take an active role in managing the economy.
<h3>What is a
Keynesian economic theory?</h3>
According to Keynesian economics, the government should raise demand to spur economic growth. Consumer demand, according to Keynesians, is the main engine of an economy. Therefore, the hypothesis is in favor of an expansionary monetary policy. Government spending on infrastructure, unemployment benefits, and education are its key tools. Overusing Keynesian programs has the disadvantage of raising inflation. An economic school of thinking known as Keynesian Economic Theory holds that for economies to recover from recessions, government involvement is required.
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This law violated the two amendments 13th and 14th. In the 13th <em>"badge of servitude"</em>, and in the 14th <em>"Constitution is color-blind, and neither knows nor tolerates classes among citizens."</em>
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<u>Q1</u> - He was kicked out of the first class car of a train
<u>Q2</u> - Raiding area farms and burning crops
Mahatma Gandhi was a notable Indian activist who contributed to India's independence and participated in the struggle against the end of English colonialism. Its form of peaceful demonstration and the resistance movement without violence represent <u>“Satyagraha”</u>, a term that Gandhi used to name the philosophy that made him known worldwide.
Answer:
There are three main types of inflation: demand-pull, cost-push, and built-in inflation. Demand-pull inflation occurs when the overall demand for goods or services increases faster than the production capacity of the economy. Cost-push inflation happens as a result of an increase in the cost of production.
Explanation:
