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Identify the economic struggles that the Roosevelt administration faced during the 1930s. Make a connection--what economic struggles did the Obama administration face in 2008/2009? Explain
Identify the economic struggles that the Roosevelt administration faced during the 1930s. Make a connection--what economic struggles did the Obama administration face in 2008/2009? Explain how FDR applied Keynesian economics in order to address these economic struggles. Argue: Do you think Keynesian economics worked in the 1930s? Why/why not? Why do you think President Roosevelt was "unimpressed or uncomprehending" after his visit with Keynes? How could confidence in banking and the economy affect investment? Argue: Why would politicians favor Keynesian economics? Why would they oppose it
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