subject
History, 26.06.2019 08:30 lisaxo

How did the ideas of john maynard keynes differ from his predecessor, adam smith? a. smith believed that government control over market forces would allow for greater stability, while keynes felt any intervention would lead to ruin. b. keynes believed that governments needed to engage in fiscal and monetary policy in order to keep the economy stable, while smith believed that government intervention would only weaken an economy c. keynes brought forth the idea of communism where governments controlled all matters of production, while smith believed in a "laissez-faire" style of governing. d. while smith thought that factory owners were "the bourgeoisie" and should be overthrown, keynes believed that a hierarchy of production was necessary in order to ensure competitive market prices and encourage innovation.

ansver
Answers: 1

Another question on History

question
History, 21.06.2019 21:00
Match each characteristic with the correct leader. allied his country with germany and italy responsible for ukrainian great famine chancellor of germany leader of the blackshir
Answers: 1
question
History, 22.06.2019 00:00
What did washington mean when he said patriotism leads to unity
Answers: 1
question
History, 22.06.2019 02:30
Which of the following statements is true of cause and effect relationships
Answers: 1
question
History, 22.06.2019 03:00
How is an objective summary different from an argumentative essay? o a. a summary should remain neutral, but an argumentative essay should promote a certain viewpoint. o b. a summary should use direct quotations, but an argumentative essay should paraphrase evidence. o c. a summary should include a works-cited list, but an argumentative essay should not cite others' work. o d. a summary should focus on a thesis, but an argumentative essay should address many different topics.
Answers: 1
You know the right answer?
How did the ideas of john maynard keynes differ from his predecessor, adam smith? a. smith believed...
Questions
question
Mathematics, 20.02.2020 04:34
question
Mathematics, 20.02.2020 04:34
Questions on the website: 13722367