The economist John Maynard Keynes argued which of the following?

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John Maynard Keynes argued for government intervention in bad economic times through increased spending to stimulate demand and boost the economy. This became known as Keynesian economics. Option B is incorrect because Keynes believed that balancing the budget should not necessarily be a priority during a recession. Option C is incorrect as Keynes believed that government intervention was necessary, rather than relying solely on the principle of laissez-faire. Option D is also incorrect as Keynes believed that increasing demand through government spending was necessary to revive production, rather than relying solely on the theory of supply and demand.

The Economist John Maynard Keynes Argued Which of the Following