(05.01 MC) This quotation best supports which of the economic theories of John Maynard Keynes? A. Businesses and jobs rely most strongly on consumer demand. B. Government regulation is necessary to stabilize the economy. C. Markets operate best when allowed to operate freely. D. Private individuals can best make their own economic decisions.

These two statements are correct:

A. Businesses and jobs rely most strongly on consumer demand.

B.Government regulation is necessary to stabilize the economy.

Explanation:

The first statement is correct because John Maynard Keynes that demand was the most important side of the economy, not supply. This is why his policies are sometimes referred to as "demand-side economics", while the policies of many of his detractors, such as Milton Friedman, are referred to as "supply-side economics".

The second statement is also correct because Keynes believed that a market economy was naturally subject to business cycles: cycles of boom and bust that could either benefit millions, or harm millions. Keynes thought that the government should regulate the economy in order to lessen the effect of those cycles.

The correct answer is letter "B": Government regulation is necessary to stabilize the economy.

Explanation:

Keynesian Economics, named after the British economist John Maynard Keynes (1883-1946), is a school of thought in which government plays an important role in mitigating economic recessions. Keynes concluded that governments had to drive the economic tide to lessen the effect of the cycles of boom and bust that are inevitable in a free-market economy.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

they work in some type of way