Focus on: JM Keynes (Leaving Cert History): Quizzes

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Focus on: JM Keynes
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In what year was John Maynard Keynes born?

1883

Where did Keynes study before joining the British Civil Service?

Eton & King's College, Cambridge

When did Keynes publish 'The Economic Consequences of the Peace'?

1919

What treaty did Keynes criticise in 'The Economic Consequences of the Peace'?

Treaty of Versailles

What did Keynes predict would happen to Germany due to the treaty's harsh terms?

Hyperinflation, unemployment & unrest

When did Britain re-adopt the Gold Standard that Keynes criticised?

1925

What did Keynes argue the Gold Standard did to economic growth?

Restricted it & worsened downturns

When was 'The General Theory of Employment, Interest and Money' published?

1936

What concept did Keynes introduce as the primary driver of economic activity?

Aggregate demand

What type of intervention did Keynes advocate to manage demand?

Active govt intervention via fiscal policy

During which major economic crisis did Keynesian economics become particularly influential?

The Great Depression

What are neo-Keynesian and post-Keynesian economics examples of?

Modern adaptations of Keynes's work

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