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30 June, 15:12

If there is economic depression in capitalism how is it repaired

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  1. 30 June, 15:36
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    It is repaired through a centralized approach of Economic sanctions.

    Explanation:

    There is one way to curb an Economic depression as causes may vary from place to place. Economic slowdowns create a cycle in which less money is earned and so less is spent.

    To get over this a centralized planning must be implemented so no central bank or business behaves erratically and aggravate the situation.

    It is important for all firms to work for the benefit for the economy at large and respect the sanctions put in place.
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