Who was the renowned economist that advocated for the New Deal policies during the Great Depression? 🔊
The renowned economist who advocated for the New Deal policies during the Great Depression is John Maynard Keynes. His ideas emphasized government intervention in the economy to stimulate demand during downturns. Keynes proposed that increased public spending and lower taxes could help combat the severe economic challenges of the time. His theories fundamentally shaped modern macroeconomic policy and informed the approaches taken by governments worldwide in response to economic crises.
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