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          | | Modern Economic Theories 
 Part one of term paperTwo controversial economic policies are Keynesian economics           
and Supply Side economics. They represent opposite sides of the      
economic policy spectrum and were introduced at opposite ends of the
20th century, yet still are the most famous for their effects on
the economy of the United States when they were used.             
 ...
 Part two of term paperWord count: 499 | Approximate pages: 2...  economy for years. Keynes
knew that to recover as soon as possible, the government had to
intervene and put a decrease on taxes along with an increase in
spending. By putting more money into the economy and allowing
more Americans to keep what they earned, the economy soon
recovered and once again became prosperous. Keynes ideas were
very radical at the time, and Keynes was called a socialist in
disguise. Keynes was not a socialist, he just wanted to make sure
that the people had enough money to inv ...
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