John Maynard Keynes and his followers argued that the Great Depression was primarily the result of

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John Maynard Keynes and his followers argued that the Great Depression was primarily the result of insufficient aggregate spending on goods and services, which resulted in decreased demand and widespread unemployment. Keynes believed that government intervention in the form of spending and fiscal policies was necessary to stimulate economic growth and reduce unemployment.

John Maynard Keynes and His Followers Argued That the Great