How Does Keynes Explain The Great Depression?

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There is one downfall to the see-saw theory, it couldn’t explain the “Great Depression.” Even though interest rates were down, there was never any increase in investment. Because of this downfall, Keynes looked for the solution and ended up writing The General Theory of Employment, Interest, and Money. In the book he gives his understanding of capitalism, which consists of three major points. The first is that you can never count on people to make investments, because it depends on the enlargement of production. The second is that success depends on whether or not someone uses their savings wisely by investing or putting it into a bank. The last being that there is nothing that can magically always fix a depression. Keynes shows how savings
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