Asked by Emily Apodaca on Apr 25, 2024
Which of the following decades is known as the "Golden Age of Keynesian Economics"?
A) The 1930s
B) The 1950s
C) The 1960s
D) The 1970s
E) The 1980s
Golden Age
A period in history marked by peace, prosperity, and significant advancements in arts, science, and culture.
Keynesian Economics
Keynesian Economics is an economic theory stating that government intervention is necessary to manage aggregate demand in order to address or prevent economic recessions.
- Gain insight into the historical setting and efficacy of Keynesian economics across distinct economic periods and conditions.
Learning Objectives
- Gain insight into the historical setting and efficacy of Keynesian economics across distinct economic periods and conditions.