24. What did John Maynard Keynes recommend as a solution to th
25. How did the idea of nation states and nationalism influenced
26. Write a short note on various causes of two World wars.
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Answers
24) Keynesian economics was developed by the British economist John Maynard Keynes during the 1930s in an attempt to understand the Great Depression. ... Based on his theory, Keynes advocated for increased government expenditures and lower taxes to stimulate demand and pull the global economy out of the depression.
25) The rise of nationalism and nation states played an important role in the unification of politically fragmented regions but equally it was a cause for World Wars as well. ... So in short, we can say that the idea of nation-states and nationalism influence desire of war during World Wars.
26) Aggressive nationalism, imperialism, militarism, secret alliances and ideological failure of the league of nations were also major factors that led to the foundation of world wars. 7. After the first world war, these causes continued to lead the way to the second world war.