Respuesta :
Keynasian theory is best able to explain all of the phenomena we observe in the economic system.
What is Keynesian theory?
A macroeconomic theory known as Keynesian economics examines the total amount of spending in the economy and how it affects production, employment, and inflation. In an effort to comprehend the Great Depression, British economist John Maynard Keynes created it in the 1930s.
The fundamental tenet of Keynesian economics is that economic stabilisation may be achieved by government intervention. Keynes' theory was the first to clearly distinguish between the study of individual motivations and economic behaviour from those of broad aggregate variables and conceptions.
Keynes argued for higher government spending and lower taxes to boost demand and rescue the world economy from the Great Depression. The idea that optimal economic performance could be attained was later referred to as Keynesian economics.
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