answersLogoWhite

0

Why there is economic crises?

User Avatar

Anonymous

15y ago
Updated: 8/17/2019

There either is too much spending in economy(causing inflation)

or

There is too little spending in economy(resulting in less jobs due to layoffs).

The US government solves: if too much spending, taxes go up. if too little spending, less interest rates(established by the Federal Reserve) given to tempt investors to invest.

User Avatar

Wiki User

15y ago

What else can I help you with?