Keynes thought that the major economic reason for the Great Depression was

A) the existence of labor unions.
B) a lack of investment due to poor profit expectations.
C) the existence of monopolies.
D) high interest rates.

Great Depression

A severe worldwide economic downturn that took place during the 1930s, marked by high unemployment, steep declines in industrial output, and severe deflation.

Lack of Investment

A situation where there is insufficient investment in an economy to support growth objectives, often leading to stagnation or decline in economic performance.