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Stolb23 [73]
3 years ago
12

Think about the possible costs and benefits of government intervention in this situation.

Social Studies
2 answers:
Yakvenalex [24]3 years ago
7 0

Answer:

Yes, the government needs to take such steps during an economic crisis. Although the government’s actions increase the country’s debt and leads to a reduction in spending, its aim is to help the general populace cope with the situation. Without the government’s help, people would not be able to make their usual purchases and pay their bills. The GDP would then drop further because of a fall in consumer demand. Similarly, companies would need to lay off workers because of the decreased demand for consumer goods, which would further increase unemployment.

Explanation:

trapecia [35]3 years ago
6 0
Ja rude. Fue Dios when eid. Eje eid. Sus
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