Question

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

A. limits on production and consumer spending
B. strict controls on stock speculation
C. lack of government intervention
D. too much oversight of the banking system

Answer 1

C. Lack of government intervention

John Maynard Keynes was a British economist well known for his economic theories on prolonged unemployment such as that seen during the Great Depression.