Focus on: JM Keynes (Leaving Cert History): Flashcards
📚Flashcards
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13 cards from this deck
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Practise the cards
13 cards from this deck
When was Keynes born?
When was Keynes born?
1883
Keynes' 1919 book on Treaty of Versailles
Keynes' 1919 book on Treaty of Versailles
The Economic Consequences of the Peace
What Keynes predicted for Germany's economy
What Keynes predicted for Germany's economy
Hyperinflation, unemployment, political unrest
What Keynes criticised that Britain re-adopted in 1925
What Keynes criticised that Britain re-adopted in 1925
Gold Standard
Keynes' seminal 1936 work
Keynes' seminal 1936 work
The General Theory of Employment, Interest and Money
What is aggregate demand?
What is aggregate demand?
Total demand for goods and services in an economy
What Keynes advocated to manage demand
What Keynes advocated to manage demand
Active govt intervention through fiscal policies
Name for shift in policy caused by Keynes' ideas
Name for shift in policy caused by Keynes' ideas
Keynesian Revolution
Field Keynes helped develop as distinct discipline
Field Keynes helped develop as distinct discipline
Macroeconomics
Era when Keynesian economics became particularly influential
Era when Keynesian economics became particularly influential
Great Depression and post-war era
Social programmes influenced by Keynesian advocacy
Social programmes influenced by Keynesian advocacy
Unemployment insurance and social security
Modern adaptations of Keynesian economics
Modern adaptations of Keynesian economics
Neo-Keynesian and post-Keynesian economics
Where Keynes studied
Where Keynes studied
Eton and King's College, Cambridge