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๐Ÿ‘ฉ๐Ÿพโ€โš–๏ธAP US Government Review

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Economic Ideology - Keynesian vs Supply Side

๐Ÿ‘ฉ๐Ÿพโ€โš–๏ธAP US Government
Review

Economic Ideology - Keynesian vs Supply Side

Written by the Fiveable Content Team โ€ข Last updated September 2025
Verified for the 2026 exam
Verified for the 2026 examโ€ขWritten by the Fiveable Content Team โ€ข Last updated September 2025

Resources

In this stream we dived into fiscal economic theory and policy, looking at the liberal take on Keynesian theory and the conservative look at supply-side theory. Once we had an understanding of those, we looked at specific historical examples, including the New Deal for Keynesian and the Reagan tax cuts for supply-side. We also talked about the business cycle and what exactly that is as it relates to the economy.