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By many accounts, John Maynard Keynes predicted the political instability that led to the rise of:

A) Socialism
B) Communism
C) Fascism
D) Liberal democracy

1 Answer

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Final answer:

John Maynard Keynes predicted the political instability that led to the rise of Fascism, as dissatisfaction with capitalism and liberal democracy during the 1930s made people look for alternative systems that provided order and stability. The correct answer is option C).

Step-by-step explanation:

By many accounts, John Maynard Keynes predicted the political instability that led to the rise of C) Fascism. With the global economic depression in the 1930s and the perceived failures of capitalism and liberal democracy, people sought alternative systems. Many in the middle class turned to fascist-inspired governments as they appeared to offer stability and order, maintaining capitalism and private property against the backdrop of revolutionary communism. This climate facilitated the rise of leaders like Mussolini in Italy and Hitler in Germany. Keynes, with his emphasis on the role of government in economic management, was part of the discourse that reacted to the vulnerabilities of a market-oriented economy, though his advocacy was more about government intervention in the economy rather than support for any totalitarian regime.

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User John Mac
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