After World War II, Western governments were more inclined to adopt Keynesian economic theories, meaning that they were more willing to

Question

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Keynesian economic theories advocate for government intervention in the economy during times of recession or economic slowdown. This often includes increasing government spending and, in some cases, printing more money to stimulate the economy. However, printing more money can lead to devaluation of the currency. Western governments in the post-World War II era were more willing to adopt these policies.

After World War II, Western Governments Were More Inclined to Adopt