what was the aim goal of global keynesianism during neoliberalism
Answers
Answered by
0
Answer:
Keynesian economics was developed by the British economist John Maynard Keynes during the 1930s in an attempt to understand the Great Depression. Keynes advocated for increased government expenditures and lower taxes to stimulate demand and pull the global economy out of the depression.
Neoliberalism is contemporarily used to refer to market-oriented reform policies such as "eliminating price controls, deregulating capital markets, lowering trade barriers" and reducing state influence in the economy, especially through privatization and austerity.
Similar questions
English,
3 months ago
Math,
6 months ago
Hindi,
6 months ago
Computer Science,
10 months ago
Computer Science,
10 months ago