Which economist developed an economic theory that became influential during the global depression as well as the rest of twentieth century? A. Adam Smith B. Alfred Marshall C. Jeremy Bentham D. John Maynard Keynes
John Maynard Keynes, a British economist and financial genius who lived from 1883 to 1946, also examined capitalism and came up with some extremely influential views. They were, however, quite different from those of Karl Marx and, for that matter, Adam Smith. In 1936, he published his General Theory of Employment, Interest, and Money. We will examine Keynes's theories later. They mainly involve people's propensity to spend or to save their additional money as their incomes rise, and the effects of increases in spending on the economy as a whole. http://www.infoplease.com/cig/economics/three-economists-their-theories.html
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