Recall Application 3, "John Maynard Keynes: A World Intellectual," to answer the following questions:
-According to the application, Keynes argued in his book The General Theory of Employment, Interest and Money that

Question

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According to the application, Keynes argued that economies would not be able to automatically recover from economic downturns. This was a major departure from the classical economic theory that believed in the self-correcting nature of the market. Keynes believed that government intervention was necessary to stimulate demand in the economy during times of recession.

Recall Application 3, "John Maynard Keynes: a World Intellectual," to Answer