Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

General Knowledge

Question:

"The general theory of Employment, Interest and money" (1936) was written by ______.

Options:

Dr. A.P.J. Abdul Kalam

Adam Smith

John Maynard Keynes

Amartya sen

Correct Answer:

John Maynard Keynes

Explanation:

The correct answer is Option (3) → John Maynard Keynes

"The General Theory of Employment, Interest and Money" is a seminal work in economics written by John Maynard Keynes in 1936. It revolutionized economic thought by proposing new ideas about how economies function, particularly during times of depression or recession. Keynesian economics, as it came to be known, introduced concepts such as aggregate demand, the multiplier effect, and the role of government intervention in stabilizing economies. This book remains influential in the field of economics to this day.