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Beginning of Paper
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Keynesian Theory and the New Deal
The crash of the stock market brought many hard times.
Franklin D. Roosevelt's New Deal was a way to fix these times. John
Stuart Mill and John Maynard Keynes were two economists whose
economic theories greatly influenced and helped Franklin D.
Roosevelt devise a plan to rescue the ....
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Middle of Paper
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.... Works
Administration. This organization employed men to build highways and
public buildings. These were only some of the organizations dedicated
to creating jobs. Creating jobs was important because it put money in
the hands of the consumer. This directly affected the supply and
demand. The more money they had the more they could spend. This would
slowly start a chain reaction and bring the economy back to the way it
was before the depression. By the end of the 1930's this plan had
lowered unemployment t ....
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SUBJECTS
