Keynes would most likely support a plan for

government ownership of most production
creating a worldwide free trade agreement
eliminating income taxes on the wealthy
income taxes based on ability to pay

Question

Keynes would most likely support a plan for

 government ownership of most production
 creating a worldwide free trade agreement
 eliminating income taxes on the wealthy
 income taxes based on ability to pay

eclipsedstar · Answer

Hi there! This has something to do with production of products that belongs to a country. Do you have any ideas so far?

ciaraxcx · Answer

"Keynesian economics is the view that in the short run, especially during recessions, economic output is strongly influenced by aggregate demand (total spending in the economy)." His main idea was basically that government intervention can stabilize economy. What can you conclude from this bit of information?