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Fill in the blanks to complete the passage about the ideas of the British economist John Maynard Keynes. John Maynard Keyes, a British economist, believed
Fill in the blanks to complete the passage about the ideas of the British economist John Maynard Keynes. John Maynard Keyes, a British economist, believed that capitalism could create a just and efficient society if it were managed competently by national governments. First, he believed that - should be abandoned: governments should go into the red to boost sluggish economies. Then, he advocated the creation of - , that is, investments that entailed - but that were very socially productive. Keynes also endorsed - to rein in currency speculation and promote full employment. Keynes's ideas were very influential in the Roosevelt administration's collection of policies called the - . welfare spendingsafe betsmonetary controlventure capitalPopular Fronthigh riskNew Dealinflationbalanced budgetsdeficit spending
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