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AP US Government
Unit 4 – American Political Ideologies and Beliefs
Topic 4.9
What impact did Keynesian economics have on Democratic Party's approach to economic policy?
It fostered belief in active government intervention in times of recession or depression to stimulate demand.
Advocated for absolute laissez-faire policies in all circumstances.
It discouraged any form of governmental involvement in the economy.
It promoted minimal taxation on businesses and corporations.
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AP US Government - 4.9 Ideology and Economic Policy
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Democratic Party
Keynesian Economics
Economic Policy
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Cram Mode
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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