Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Introduction

Question:

"General Theory of Employment, Interest and Money" by John Maynard Keynes was written in?

Options:

1933

1936

1929

1919

Correct Answer:

1936

Explanation:

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.