1. Great Depression
... when the government spends more than their budget in one year, in order to obtain this money. Of course these ideas of supply and demand and active government didn't just come to him. He was influenced by John Maynard Keynes and John Stuart Mill. There philosophies were the basis of the New Deal ... of government. This simply meant that the government should take part in the economy and try to m! ake it better. The New Deal was a very active government plan because it had the government working directly to make jobs and fix the economy. Mill died in 1873 and would never had a chance to ta...
- Word Count: 979
- Approx Pages: 4
- Grade Level: High School