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.
Answer:
Secret 4 is a little different than the oft-repeated slogan, “Those who ignore the past are doomed to repeat it.” Instead, it says that media face the same issues over and over again as technologies change and new people come into the business.The fight between today’s recording companies and file sharers has its roots in the battle between music publishers and the distributors of player piano rolls in the early 1900s. The player piano was one of the first technologies for reproducing musical performances. Piano roll publishers would buy a single copy of a piece of sheet music and hire a skilled pianist to have his or her performance recorded as a series of holes punched in a paper roll. That roll (and the performance) could then be reproduced and sold to anyone who owned a player piano without further payment to the music’s original publisher.
Explanation:
