In Great Britain, the government brought the country out of the worst of the Great Depression by 1936 using the new and radical economic ideas of John Maynard Keynes, who advocated public works and deficit spending as the solution for unemployment and economic depression.

Question

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The British government during the early 1930s did not fully embrace Keynesian economics; instead, it initially focused on budget balancing and fiscal conservatism. Keynes's ideas became more influential in policy-making later, particularly during and after World War II.

In Great Britain, the Government Brought the Country Out of the Worst