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What did keynes think was responsible for the large amount of idle labor and capital during the great depression?.

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Lanuel

During the Great Depression, Keynes thought unplanned inventory increases were responsible for the large amount of idle labor and capital.

What is the Great Depression?

The Great Depression was a period of severe economic recession in the United States of America which challenged the prevailing classical economic belief that the macro-economy would quickly return to long-run equilibrium due to a demand shock.

During the Great Depression, John Maynard Keynes thought unplanned inventory increases were responsible for the large amount of idle labor and capital in the United States of America.

Read more on Keynesian economics here: brainly.com/question/15834304

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