Editing Keynesianism (section)

== <span style="color: #FFFFFF;">Remembering</span> ==
* '''Keynesian Economics''' — An economic theory of total spending in the economy and its effects on output and inflation.
* '''Aggregate Demand''' — The total demand for all goods and services in an economy.
* '''The Multiplier Effect''' — The idea that $1 of government spending creates *more* than $1 of economic growth (because the people who get that dollar spend it elsewhere).
* '''Deficit Spending''' — When a government spends more money than it takes in through taxes (borrowing for the future).
* '''Fiscal Policy''' — The use of government spending and taxation to influence the economy.
* '''Animal Spirits''' — Keynes's term for the "Emotions and Instincts" (like fear or greed) that drive economic decisions.
* '''Liquidity Trap''' — A situation where interest rates are so low that people prefer to "Hoard cash" rather than invest it, making the economy stop.
* '''Stagflation''' — A nightmare scenario where you have "High Inflation" and "Low Growth" at the same time (which the original Keynesianism couldn't explain).
* '''John Maynard Keynes''' — The British economist who saved capitalism from itself in the 1930s.
* '''Macroeconomics''' — The study of the economy "As a whole" (Inflation, Growth, Unemployment), which Keynes practically invented.
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