Keynesian economics stressed:

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Keynesian economics emphasizes the importance of total spending in the economy, especially during times of economic downturns or recessions, and recommends government intervention to increase spending to stimulate economic growth. This is in contrast to the belief in the self-correcting power of free markets, which is emphasized in classical economics. Keynesian economics also focuses more on the short to medium term, rather than the long run, and advocates for government intervention to stabilize the economy during periods of instability, rather than allowing economic cycles to run their course unchecked. The idea of allowing the Depression to run its course to bring down the high cost of living would be considered a laissez-faire approach, which is in opposition to Keynesian economics.

Keynesian Economics Stressed