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During the Great Depression, how were the philosophies of John Maynard Keynes and other economists affected?

1 Answer

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British economist John Maynard Keynes believed that classical economic theory did not provide a way to end depressions. He argued that uncertainty caused individuals and businesses to stop spending and investing, and government must step in and spend money to get the economy back on track.
answered
User Renish Gotecha
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