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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Answer:
Spotlight effect
Explanation:The belief that others are paying more attention to one's appearance and behavior than they really are.
Answer: The U.S. Supreme Court case Marbury v. Madison (1803) established the principle of judicial review—the power of the federal courts to declare legislative and executive acts unconstitutional. The unanimous opinion was written by Chief Justice John Marshall.
Explanation: I learnt this already.
The answer should be A: an economy that has a blend of both market in command economies
Answer:
It depends what form of government.
Explanation:
Major State responsibilities include schools, hospitals and doctors offices, conservational methods and environmental factors, roadways, railways and public transportation, all the public work environments located in the state, agricultural and fishing resources, industrialization methods, community services, sports and recreation teams and businesses, consumer affairs with the markets, police forces in the state, prisons and emergency services.
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