Economic Theories and Government Intervention Quiz

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5 Questions

Who spearheaded a revolution in economic thinking during the Great Depression?

What is the central tenet of the school of thought mentioned in the text?

What was the prevailing idea about free markets before the revolution in economic thinking?

What was the main assertion of Keynes's theory?

What did existing economic theory fail to do during the Great Depression?

Description

Test your knowledge of economic theories and government intervention with this quiz based on the central tenets of a school of thought, as well as the role of money in the economy. The Great Depression and its impact are also explored.

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