Question

26 Which budget is defended by keynes ?
केन्स यांनी कोणत्या अर्थसंकल्पाचे समर्थन केले​

Answer 1

Answer:

1. Governments should provide counter-cyclical demand management. Keynes was critical of the UK 1931 budget, which cut wages for hospital workers, and cut back spending on roads and new houses. He argued this would depress demand further and make the recession worse.

Answer 2

The budget is defended by Keynes was the UK 1931 budget.

• The main initiative of Keynes's economy was to help recover from insufficient demands.
• It tried solving the problem of sticky wages and inconsistency in the labor wages.
• In the UK 1931 budget, the wages of hospital workers and other laborers were diminished. He tried solving the problem and fought for the laborers and other workers whose demands were not met and also stated that this would push the recession to worsen.