keynesianism Sentence Examples
- Keynesianism is an economic theory of total spending in the economy and its effects on output, employment, and inflation.
- Keynesianism is based on the idea that aggregate demand, or total spending in the economy, is the primary determinant of economic activity.
- Keynesian economists believe that when aggregate demand is low, the economy will experience recession or depression.
- To stimulate aggregate demand, Keynesian economists advocate for government spending and expansionary monetary policy.
- Keynesianism has been criticized for being too focused on short-term economic stabilization and not enough on long-term economic growth.
- Some critics argue that Keynesianism can lead to excessive government debt and inflation.
- Despite these criticisms, Keynesianism remains a popular framework for economic policymaking, especially during economic downturns.
- Many governments around the world have adopted Keynesian policies to help mitigate the effects of the recent global financial crisis.
- Some economists believe that Keynesianism is no longer relevant in the modern economy, which is characterized by globalization and technological change.
- However, other economists argue that Keynesianism is still relevant and can be adapted to the challenges of the 21st century.
keynesianism Meaning
keynesianism (n)
the economic theories of John Maynard Keynes who advocated government monetary and fiscal programs intended to stimulate business activity and increase employment
Synonyms & Antonyms of keynesianism
No Synonyms and anytonyms found
FAQs About the word keynesianism
the economic theories of John Maynard Keynes who advocated government monetary and fiscal programs intended to stimulate business activity and increase employme
No synonyms found.
No antonyms found.
Keynesianism is an economic theory of total spending in the economy and its effects on output, employment, and inflation.
Keynesianism is based on the idea that aggregate demand, or total spending in the economy, is the primary determinant of economic activity.
Keynesian economists believe that when aggregate demand is low, the economy will experience recession or depression.
To stimulate aggregate demand, Keynesian economists advocate for government spending and expansionary monetary policy.
