Keynesian Economics
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…stimulate the economy. If governments spent money on public works it would help purchasing power. He believed that this government aid would stabilize a capitalist marketplace and the created employment would make up for the deficit. Many doubted his ideas and this created major controversy. However, when Roosevelt was out of all other ideas and implemented Keynesian economics the economy improved. Keynesian economics has effected the post-Depression era and has changed the world economy forever
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