Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Introduction

Question:

In which year, the book "The Economic Consequences of the Peace" was written by John Maynard Keynes.

Options:

1909

1919

1929

1936

Correct Answer:

1919

Explanation:

The correct answer is Option (2) → 1919

John Maynard Keynes, British economist, was born in 1883. He was educated in King’s College, Cambridge, United Kingdom and later appointed its Dean. Apart from being a sharp intellectual he actively involved in international diplomacy during the years following the First World War. He prophesied the break down of the peace agreement of the War in the book The Economic Consequences of the Peace (1919). His book General Theory of Employment, Interest and Money (1936) is regarded as one of the most influential economics books of the twentieth century. He was also a shrewd foreign currency speculator.