PLEASE ANSWER BOTH QUESTIONS
1. Corporations enjoyed considerable popularity when they first began to appear in the 19th century. To what would you attribute their popularity? What developments contributed to their decline in popularity? What is their status today, in your opinion? Explain. Considering the reasons stated for their unpopularity, what would you suggest government do to effect positive change?

2. Who was John Maynard Keynes? How does his approach to macroeconomic management depart from the previous status quo? How was American society transformed to make the Keynesian approach more salient than its predecessor? How was the Keynesian approach manifest in macroeconomic policymaking? If you were advising the government of the United States would you suggest more or, less, Keynesianism? Explain. Is the US government likely to become more or, less Keynesian in the coming 12 months? Explain.