What economic condition did economist John Maynard Keynes believe caused the Great Depression?

A. limits on production and consumer spending

B. strict controls on stock speculation

C. lack of government intervention

D. too much oversight of the banking system

Question

Business

Aliana Blanchard

9 April, 18:28

What economic condition did economist John Maynard Keynes believe caused the Great Depression?

A. limits on production and consumer spending

B. strict controls on stock speculation

C. lack of government intervention

D. too much oversight of the banking system

+4

Answers (1)

Know the Answer?

Amy Walsh · Answer 1

C. Lack of government intervention

John Maynard Keynes was a British economist well known for his economic theories on prolonged unemployment such as that seen during the Great Depression.

What economic condition did economist John Maynard Keynes believe caused the Great Depression?A. limits on production and consumer spendingB. strict controls on stock speculationC. lack of government interventionD. too much oversight of the banking system

What economic condition did economist John Maynard Keynes believe caused the Great Depression?

A. limits on production and consumer spending

B. strict controls on stock speculation

C. lack of government intervention

D. too much oversight of the banking system