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11 July, 06:33

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

limits on production and consumer spending

lack of government intervention

strict controls on stock speculation

too much oversight of the banking system

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Answers (1)
  1. 11 July, 09:21
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    Right choice:

    Lack of government intervention.

    Explanation:

    John Maynard Keynes believed the government should increase demand to estimulate growth. He was a supporter of government increased spending in infrastructure, unemployment benefits and education. All of that should boost demand.
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