The Keynesian revolution acknowledged_________________ ?
Correct answer: B. that the market was inherently unstable
- A. that the masses were being exploited
- B. that the market was inherently unstable
- C. the need for the intervention of the owners of the means of production
- D. that industrial workers were becoming the new bourgeoisie
Explanation
The Keynesian revolution challenged the belief that markets automatically maintain full employment, emphasizing that aggregate demand can be insufficient and the economy unstable. It therefore supported a role for government stabilization policy.
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