Keynesian Economic
What is Keynesian economics?
What is a theory of advocating for government intervention.
What is Hayekian economics?
What is an economic theory that advocated for a free-market economy and that government intervention is the cause of inflation.
Who's economic theory did the New Deal take inspiration from?
Who is John Maynard Keynes
When was John Maynard Keynes born?
When is 1883?
When was Friedrich Hayek born?
When is 1899.
This economic theory advocated for the free market economy.
What is the Hayekian economic theory.
What government deal was inspired by the Keynesian economic theory?
What is the New Deal.
An economic system where the government regulates the value of resources and good.
What is the price system.
What is the Keynesian econmic theory.
The macroeconomic condition takes place when spending is too low to purchase the goods and services that could be produced.
What is insufficient aggregate deman.
This political system is the enforcement of strict obedience at the expense of personal freedom.
What is authoritarianism.
What is Keynesian.
This global monetary system that helped oversee the exchange rate system and promote global economic growth was lead by Keynes.
What is the Bretton Woods Agreement.
This 1944 book, written by Fredrick Hayek, preached the consequences of government intervention on the economy and projected Hayek's stance against economic freedom.
What is The Road To Serfdom (1944).
What economic theory are privatized state-owned enterprises an example of?
What is the Hayekian economic theory.