John Maynard Keynes sought to solve the economic problem of the Great Depression, which was the coexistence of
A) low production and low unemployment.
B) high production and low inflation.
C) high production and high inflation.
D) low production and high unemployment.

Question

Quizplus · Accepted Answer

The Great Depression was characterized by low production and high unemployment. Therefore, Keynes sought to solve this problem through government intervention and spending to stimulate demand and increase production, ultimately reducing unemployment.

John Maynard Keynes Sought to Solve the Economic Problem of the Great