Question

use the handout given in class to create a three slide slideshow on these three economic theorists:

• adam smith (free market economies)
• karl marx (centrally planned economies)
• john maynard keynes (mixed economies)

each slide must include the following:

• name and picture of theorist
• 4 key ideas of each theorist (what are they known for, what they wrote and when, what they believed in)

Explanation:

Each slide is structured to meet the requirements, with a theorist's name, visual placeholder, and 4 key core ideas tied to their economic framework.

Answer:

Slide 1: Adam Smith (Free Market Economies)

• Name & Picture: Adam Smith + Portrait of Adam Smith
• 4 Key Ideas:

1. Published The Wealth of Nations (1776)
2. Advocated "invisible hand" self-regulation
3. Argued for minimal government intervention
4. Emphasized division of labor for efficiency

Slide 2: Karl Marx (Centrally Planned Economies)

• Name & Picture: Karl Marx + Portrait of Karl Marx
• 4 Key Ideas:

1. Co-authored The Communist Manifesto (1848)
2. Critiqued capitalism's exploitation of workers
3. Proposed class struggle drives societal change
4. Advocated for a communist, classless society

Slide 3: John Maynard Keynes (Mixed Economies)

• Name & Picture: John Maynard Keynes + Portrait of John Maynard Keynes
• 4 Key Ideas:

1. Published The General Theory (1936)
2. Argued government spending fights recessions
3. Supported mixed economy with state intervention
4. Focused on aggregate demand as growth driver