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Gov Review Video #43: Keynesian and Supply-Side Economics

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Presentation on theme: "Gov Review Video #43: Keynesian and Supply-Side Economics"— Presentation transcript:

1 Gov Review Video #43: Keynesian and Supply-Side Economics
Everything You Need To Know About Keynesian and Supply-Side Economics To Succeed In APUSH

2 Keynesian Economics Who was John Maynard Keynes? English economist
Influenced FDR during Great Depression What does Keynesian Economics advocate? Government spending to help an economy in a downturn “Priming the pump” Most often associated with Democrats

3 Supply-Side Economics
Popularized during Reagan’s administration What does this theory advocate? Lower taxes, especially for businesses Believe this would increase investment in businesses and supply of goods Laffer Curve - argues the more people are taxed, the less people work

4 See You Back Here For Video #44: Unemployment and Inflation
Thanks for watching Best of Luck

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