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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The Mississippians were a native American culture that inhabited the Mississipi River Valley and surrounding areas from 9th till 16th century. Their culture was unique in that they created Mounds, that is man-made hills, many of them are still existing today.
The answers to the drop-down menus in completing each statement are:
<h3>What are
electromagnets?</h3>
An electromagnet is known to be a kind of magnet that has a magnetic field that is also known to be formed by an electric current.
Note that Electromagnets usually made up of wire wound found in a coil and the answers above can be used to fill up the statement.
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Allows us to compare the value of goods and services
