True. John Maynard Keynes advocated for government intervention in the economy to stimulate demand and achieve full employment, particularly during economic downturns. He believed that during times of recession, increasing government spending and lowering taxes could help boost overall economic activity and reduce unemployment. His ideas formed the basis of Keynesian economics, emphasizing the role of government in managing economic cycles.
Copyright © 2026 eLLeNow.com All Rights Reserved.