Essay: Surviving Economic Crisis

Sample Essay

As a parting short, it is amazing to see how various economies struggle to ensure that they survive any financial or economic crisis. There is need for any government to look at the various monetary policies available within the economy that can reduce the effects of the crisis. Most government would increase the amount of money supply through loaning the collapsing firms.

This only increase the amount of money in circulation thus causing so much inflation and this affects the economy further. In addition, most economies are reactive instead of being proactive. Proactive economies are known to be performing better than reactive economies. It will therefore be necessary for the global economies to develop economic principles and policies that are proactive in nature.

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