#1 John Meynard was a man with many ideas about how the government should work. He was a British economist just after the Second World War had ended.

#2 John Keynes believed in an economy were the government would help businesses and intervene but at the same time not control the businesses.

#3 I agree with his philosophy because I look at what happened to the US economy and how they did not control their banks. This has caused major problems through US and also throughout the world. This problem could have been prevented through a style of government that Keynes came up with.

#4 Yes because of all the problems countries are having because they are not intervening in their countries businesses. The government does not have enough control.

Know I will write a five paragraph about the various things that Keynes believed in. I will cover three points in this essay. Here are my topics first what type of economy did he make and which country uses it today. Second what his beliefs were on how government business. Last how he believes the economy should work.

Keynes kind has made a certain economy out of his ideas. The economy he made is known today as a mixed economy. This economy is supposed to be half owned by the government and half owned by the private sector. Canada is one country in the world that has a mixed economy. We can really attribute are economy to Keynes ideas.

The second thing is what did he believe a business should be run. He believed in some government control over a business. The way he believed the government could control a business but not own a business was through money regulations. This would allow thereto be a healthy private sector but at the same time allow the government to have the control they needed to keep the business up and running and producing for the citizens needs. This is an important part of Canada’s and any other country that uses a mixed economy.

The last thing I will speak on is what John Keynes thought the government should control the economy. Keynes believed that the government should control the ups and downs of the economy through taxes. To get rid of inflation the government should raise taxes so they can fund businesses to and keep the businesses so that there would still be jobs and ways to make money and obtain the goods and services the people need. To me this works well. Canada seems to have pulled it’s self through economic hard time easier than the US’s government have been able to do for there economy.

To me John Meynard Keynes is very important. He pretty much defined my home country Canada’s government and economy. Canada’s economy has worked well according to me. I think it’s a hybrid economy.