1400Astronomical
Answered

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How did Keynesian economics go against laissez-faire economics?

How Did Keynesian Economics Go Against Laissezfaire Economics class=

Sagot :

dorianlynman

Answer:

b

Explanation:

laissez faire economics involved limited government intervention

Answer:

It called for lots of federal intervention in the economy.

Explanation:

Keynesian economics said that the federal government should spend money developing industries (creating supply) to produce goods that consumers would buy that they weren’t even asking for (creating demand). Without federal spending, Keynes warned, the Great Depression might return. This kind of federal intervention in the economy was the opposite of laissez-faire economics.

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