A prominent British economist postulated that government intervention,in the form of social expenditures,could pull the economy out of a recession by stimulating demand for products and services.This is referred to as:

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The prominent British economist is likely referring to the economic theory of John Maynard Keynes, who advocated for government intervention in times of economic downturn by increasing public spending to stimulate demand and boost economic growth. This theory is commonly known as Keynesian economics. Choice B, welfare, refers to a specific type of social expenditure that provides assistance to individuals and families in need. Choice C, social services, is a general term for public services such as healthcare, education, and housing. Choice D, economic recession, is a condition of significant decline in economic activity, characterized by a contraction in GDP, rising unemployment, and falling consumer and business confidence.

A Prominent British Economist Postulated That Government Intervention,in the Form