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:
Well there were MASSIVE droughts in texas during the time. Making the economy in the state harder to be profitable from farming.
Answer:
Pretty confident its A. (if you get it wrong the first time then its D)
C and B I can say are definitely not right.
B he sped up the westward expansion by purchasing the Louisiana territory for 15$ million and sending Meriwether Lewis and William clark on an expedition with the corps of discovery