After completing the reading in the American Yawp and watching the videos address the following:Two economic philosophies have shaped American life since the Great Depression in the 1930s (Keynesian and Reaganomics).

After completing the reading in the American Yawp and watching the videos address the following:Two economic philosophies have shaped American life since the Great Depression in the 1930s (Keynesian and Reaganomics). First, briefly summary each philosophy. Second, looking at the governments response to the 2008 Great Recession, which elements of each philosophy do you see in the response.Your answer should be 1-2 sentences for each summary and then 8-12 sentences addressing 2008 Great Recession Question.https://www.youtube.com/watch?v=EeyGdy_SdhQhttps://www.youtube.com/watch?v=bx_LWm6_6tAhttps://youtu.be/GPOv72Awo68http://www.americanyawp.com/text/29-the-triumph-of-the-right/#VII_African_American_Life_in_Reagans_America Read Sections V, VI and VIIhttp://www.americanyawp.com/text/30-the-recent-past/Read Sections I, II and V