which best summarizes the philosophical difference between economists john maynard keynes and adam…

which best summarizes the philosophical difference between economists john maynard keynes and adam smith?\nkeynes said government was the key to solving economic issues, while smith believed government should take a hands - off approach.\nsmith said government was the key to solving economic issues, while keynes believed government should take a hands - off approach.\nsmith believed in an \invisible hand\ with which government pushes the economy, while keynes did not agree with this idea.\nkeynes believed in an \invisible hand\ with which consumers push the economy, while smith did not agree with this idea.

which best summarizes the philosophical difference between economists john maynard keynes and adam smith?\nkeynes said government was the key to solving economic issues, while smith believed government should take a hands - off approach.\nsmith said government was the key to solving economic issues, while keynes believed government should take a hands - off approach.\nsmith believed in an \invisible hand\ with which government pushes the economy, while keynes did not agree with this idea.\nkeynes believed in an \invisible hand\ with which consumers push the economy, while smith did not agree with this idea.

Answer

Brief Explanations:

Adam Smith is known for the concept of the "invisible - hand" and advocated for a laissez - faire (hands - off) approach by the government in the economy. John Maynard Keynes, on the other hand, believed that government intervention was necessary to solve economic issues, especially during recessions.

Answer:

A. Keynes said government was the key to solving economic issues, while Smith believed government should take a hands - off approach.