QUESTION 18 OF 32
Explain Keynesian Economics.
Display to the hiring manager that you are familiar with the basic concepts of economics. Your answer can be basic and to the point.
"From my understanding, Keynesian economics was developed by the British economist John Maynard Keynes during the 1930s in an attempt to understand the Great Depression. Keynes advocated increased government expenditures and lower taxes to stimulate demand and pull the global economy out of the Depression."
