Answer:
Step-by-step explanation:
Keynesian economists advocated for increased government spending and intervention to end the Great Depression. They believed that during times of economic downturns, private investment and spending tended to decrease, leading to decreased demand for goods and services and further economic contraction.
To counteract this, Keynesian economists recommended that the government should step in and increase its own spending on public works projects, social programs, and other initiatives that would create jobs and boost demand for goods and services. This increased government spending would put money into people's pockets, which would then stimulate consumer spending and business investment, leading to increased economic activity and growth.
Keynesian economists also believed that monetary policy could be used to stimulate the economy. They recommended that central banks should lower interest rates to encourage borrowing and investment, which would further stimulate demand and economic growth.
Overall, Keynesian economists believed that government intervention was necessary to counteract the inherent instability of the market and to promote sustained economic growth. By increasing government spending during economic downturns, they believed that the government could create a virtuous cycle of increased demand, investment, and growth, which would ultimately lead to improved economic conditions for all.
Tell me if this answers your question.