John Maynard Keynes' approach to government economics holds that:

Question

Quizplus · Accepted Answer

John Maynard Keynes believed that during times of economic crisis, government intervention in the economy through increased spending and public works programs could stimulate demand and lead to economic recovery. This approach is often referred to as "Keynesian economics" and was put into practice in many countries during the Great Depression and World War II. While Keynes did not advocate for a permanent increase in government intervention, he believed that it was necessary in times of crisis to prevent long-term economic stagnation. Therefore, the correct answer is B, as Keynes argued for increased government intervention specifically during war-time.

John Maynard Keynes' Approach to Government Economics Holds That