Keynesian economists justify government intervention through public policies that aim to achieve full employment and price stability. Keynes argued that inadequate overall demand could lead to ...

On the flip side, insufficient demand can lead to recessions and high unemployment. Keynesian economics focuses on demand influencing a nation’s economy. Consumer spending, investment ...

Keynesian economists believe a free market can produce periods of inadequate demand that can lead to extended periods of high unemployment. During a recession, consumer confidence drops and ...

Keynesian economists justify government intervention through public policies that ... Keynes argued that inadequate overall demand could lead to prolonged periods of high unemployment. An economy’s ...