Question

In which year was the book “The Economic Consequences of the Peace” written by John Maynard Keynes?

• A. 1909
• B. 1919
• C. 1929
• D. 1936

Hint:

Keynes wrote The Economic Consequences of the Peace in 1919, while The General Theory was published in 1936.

Answer 1

The Correct Option is B

Concept:
John Maynard Keynes was one of the most important economists of the twentieth century. His book The Economic Consequences of the Peace was written after the First World War.

Step 1: Understand the historical background.
After the First World War, the Treaty of Versailles was signed in 1919. Keynes criticized the economic terms of the peace settlement.

Step 2: Connect the book with the peace settlement.
The book The Economic Consequences of the Peace discusses the economic impact of the peace treaty after World War I. Since the treaty and the book are connected with the year: \[ 1919 \]

Step 3: Eliminate other years.
1909 is too early. 1929 is associated with the Great Depression. 1936 is the year of Keynes's famous book: \[ \textit{The General Theory of Employment, Interest and Money} \]

Step 4: Final conclusion.
Therefore, the correct year is: \[ \boxed{1919} \] Hence: \[ \boxed{\text{(B)}} \]