ellilorne3008 ellilorne3008
  • 11-07-2017
  • Business
contestada

How do keynesian economic policies differ from the traditional laissez-faire policies developed by adam smith?

Respuesta :

goofyboy345Leonal goofyboy345Leonal
  • 11-07-2017
Keynesian economic basically means that the goverment has to step in and try to stimulate economic wealth. This is were macroeconomics comes to play. Laissez fair in Belgium means hands off or lay. This explains why laissez fair is a strategy our previous presidents used to stop the Great Depression. In other words it means the govermeant steps out of helping hand and count on capitalism.
Answer Link

Otras preguntas

A dolphin starts at the surface of the water. It dives down at a rate of 3 feet per second. If the water level is zero, what real number describes the dolphins
The process of deposition would make a river change in which way?
Stacy, Oliver, and Jivesh each plan to put a certain amount of money into their savings accounts that earn simple interest of 6% per year. Stacy puts $550 more
Where does Marty sleep in the book Shiloh
What portion of Earth included in the biosphere
What is 0.505 as a fraction
34,258 and 47,163 the value of 4 in is times the value of 4 in
a small bit or bunch of something
Kitchen goods are on sale for 30% off their regular price. In addition, all goods are subject to 6% tax and a $6 shipping charge. If c represents the original c
Which statements are accurate definitions for history? Choose all answers that are correct. a. a narrative anchored in chronology b. an account of the impact