What are some of the steps economies take to recover the market after the crash?

Q: What would be one way to make sure the Great Depression or any recession does not happen again?

A: The Great Depression was the world's worst and longest economic downturn in modern history.The Great…

Q: Suppose the Hong Kong economy is under recession. How does it affect the opportunity cost of going…

A: A recession is an economic situation where a country faces low demand, slow growth, and less…

Q: According to the article, When Reality Bites, which demographic is most affected by economic…

A: Young generation is worst affected by economic downturn such as recessions.  There are not enough…

Q: How did ideas relating to economics vary, and how did these evolve in Europe during the early modern…

A: Economics refers to the subject that helps us solve the problem of scarcity of resources and…

Q: Write a short note on the Great Depression including its causes, consequences, and development of…

A: The great depression is a major economic disaster that is originated in The USA around the 1930s.…

Q: what can the government do to provide awareness and knowledge about people who are not literate in…

A: Answer - Need to find- what can the government do to provide awareness and knowledge about people…

Q: Adam Smith believed that since businesspeople are motivated to improve their own prosperity, their…

A: Adam Smith believed in broader perspective of the society.  He said that economies produce and…

Q: In 60 words or less what is the major economic thought of John Maynard Keynes?

A: Keynesian economics theory was developed by the British economist John Maynard Keynes in the 1930s.…

Q: Amagine you are the manager of a car dealership and you are trying to create an economic model to…

A: An economic model creates a similar situation for a firm in accordance to real life through which…

Q: Is economics one of the most important in the world?

A: In a world, various activities, actions, and events took place in which people interact with each…

Q: Now Lebanon is facing an economic downturn. what kind of businesses (platform businesses or pipeline…

A: Lebanon’s GDP fell to $44 billion from $55 billion in 2019. The Lebanon economy was in a downturn…

Q: I am asking you to assess the impact of the rise in energy prices experienced in industrialized…

A:

Q: How does macroeconomics help analyze the impact of the coronavirus that swept the world late last,…

A: The Coronavirus or Covid-19 is the most discussed dangerous pandemic that is currently active all…

Q: Can you explain why the great depression was the result of much more than just a stock market crash?

A: The Great Crisis was a devastating worldwide economic depression that began in the United States in…

Q: Identify three macroeconomic issues that have been in the news recently.

A: The economics as a study is based upon the phenomenon of the making decisions in the presence of…

Q: How severe was the great recession? What pieces of economic data would you cite to support the…

A: The great recession is the global downturn in the economy starting from 2007 to 2009 after the…

Q: What is a micro founded macroeconomic model? Why do we care about the predictions of these models?

A: An economic model represents the real-life scenario through the equation or graph.

Q: Why do many communist countries use a command economy

A: The command economy is a part of a communist political framework, while an unregulated economy…

Q: What would the short-run and long-run implications be due to the economic climate if the Indonesian…

A: Indonesia is essentially a developing economy with ample potential for growth and development.

Q: Market solutions would take too long

A: John Maynard Keynes more focus on demand side to come out from recession. He believe demand creates…

Q: Economic stabilisation programmes frequently include time gaps. Which lags in the effects of…

A: These lags are explained as under: 1. The Recognition Lag: It alludes to the time between the…

Q: Which worldview makes the most sense?Keynesian perspective or the Neoclassical perspective of…

A: Keynesian perspective or economics refers to that branch of macroeconomics that focuses on…

Q: Classical School of Thought - What is the classical economics position with respect to (a) wages?

A: The main basic principle of classical economics that  it is a self regulating economy.   In the…

Q: As you read about global economics, complete the chart by filling in the cause or effect

A: Simply said, globalization is the linking of various regions of the globe.Globalization is described…

Q: In the 1980s the behavior of the U.S. economy changed. What were the main factors driving that…

A: In the early Nineteen Eighties, the American economic system changed into struggling via a deep…

Q: what does macroeconmics learn

A: Macroeconomics study about the economic problem and issue at a large level. For example national…

Q: Why could the Great Depression not be contained within the United States?

A: Please find the answer below.   GREAT DEPRESSION: The Great Depression, which began in the United…

Q: How do you feel that business cycles and the health of the economy affect the value of your labor?

A: ANS Business cycles comprise of two phases namely a phase of expansion and a phase of contraction.…

Q: Can government policy affect business behavior

A: •Yes  The government policy will influence what proportion tax the community pays, pensions,…

Q: Business cycles can wreak havoc in the economy and create real economic hardship.  Remember, the…

A: In economics, business cycle is defined as the cyclical upswings and down swings of major…

Q: What was Bretton Woods, and why did it also collapse?

A: In an open economy, countries trade with each other for goods and services. One country receives the…

Q: What factors contributed to the economic boom of the 1920s and the crash that followed?

A: Answer - Factors contributed to the economic boom of the 1920s :- 1. Condition after world war 1 :-…

Q: What were the economic views of John Maynard Keynes?

A: The economy is the set of activities related to the production, consumption, and trading of goods…

Q: What are the main topics studied in Macroeconomics? The behavior of industries a.

A: In economics, we study how scarce resources are used by decision-makers to satisfy the unlimited…

Q: what do you see as the top 3 major drivers that will influence the performance of the global economy…

A: The four fundamental areas of drivers for globalization are market, government; cost, and contest.…

Q: Economists have various perspectives and theories about how an economy should operat Which economist…

A: Smith contended that by giving everybody opportunity to deliver and trade merchandise however they…

Q: Why is it important for business leaders to be aware Marco economics.

A: MACRO ECONOMICS- macro economics is concerned with the problem of economy at aggregate level,…

Q: how macroeconomics uses models?

A: A macroeconomic model is an empirical instrument intended to explain the way a country or region's…

Q: What may happen if growth in China continues or contracts?

A: Economic growth: It can be characterized as the increment in the swelling changed market estimation…