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Categorize the types of economic activities featured in the video. Develop a definition of primary sector activities. Video Clip 2: The Secondary Sector of the Economy (7:25) How does the video ...
and the basic premise is that aggregate demand serves as the primary driver of a nation’s economic activity and employment. This branch of economics was named after John Maynard Keynes ...
Scott Olson / Getty Images Keynesian economists believe that the primary factor driving economic activity and short-term fluctuations is the demand for goods and services. The theory is sometimes ...