John Maynard Keynes and his followers argued that the Great Depression was primarily the result of:_________

Health · College · Thu Feb 04 2021

Answered on

John Maynard Keynes and his followers argued that the Great Depression was primarily the result of a decrease in aggregate demad .

The Great Depression was caused primarily by a fall in total demand. The decline in demand was so severe that adequate demand could be restored only by large increases in government spending.

Related Questions