"General Theory of Employment, Interest and Money" by John Maynard Keynes was written in?
Answer & explanation
Correct answer: option 2
The correct answer is Option (2) → 1936
The famous book “The General Theory of Employment, Interest and Money” was written by John Maynard Keynes and published in 1936. This work laid the foundation of modern macroeconomics, challenging the classical belief that markets are always self-correcting. Keynes explained how insufficient aggregate demand could lead to unemployment and economic depression, emphasizing the role of government intervention.