Apedia

John Keynes Published Book Discussed Recessions Argued Government

Front John Keynes
Back Published a book that discussed the causes of recessions. He argued that the government should spend heavily during a recession even if it had to run a deficit in order to jump start the economy. Although FDR was reluctant he did buy into the idea.

Learn with these flashcards. Click next, previous, or up to navigate to more flashcards for this subject.

Next card: Deal historic period u.s president franklin roosevelt's economic

Previous card: Great depression time utter economic disaster started united

Up to card list: AP World History Original Ultimate Set from Quizlet