Modern Economic Theories

modern economic theories Title: Modern Economic Theories source: Annonymous Rating: 21 Rate this Paper Two arguable economic policies are Keynesian economics and Supply feel economics. They represent opposer sides of the economic policy spectrum and were introduced at black eye ends of the 20th century, yet still are the most renowned for their effects on the economy of the United States when they were used. The founder of Keynesian economic theory was John Maynard Keynes. He made umpteen great accomplishments during his time and probably his greatest was what he did for the States in its hour of need. During the 1920s, the U.S.

experienced a stock food groc ery store crash of enormous proportions which crippled the economy for years. Keynes knew that to recover as soon as possible, the government had to intervene and put a decrease on taxes along with an increase in spending. By putting more money into the economy and allowing more Americans to inhabit what they earned, the economy soon...If you want to get a full essay, legions it on our website: OrderEssay.net

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