Question

What is the most important factor for economic recovery and why?

Answer 1

Factors of economic recovery:

An economic recovery is that period of expansion of economy, which is typically after the period of recession.

The most important factor for economic recovery is US economic recovery. The third workforce of the nation is care of child or children at home .near about 10 percent activity of economy would not happen and these are research by the researchers, this happen only as long as day cares and schools, institutes, universities remain closed.

Regulations and the legislation both are also the important factors of the economic recovery. Legislation help the government to induce a recovery on financial crisis. The Federal Reserve administration presidential also important for the recovery of economy.

The experience of market economies downs and ups for many reasons. Economies influences by various kinds of factors such as: global effects, crisis, and revolutions.

The child care crunch has dynamically become a crisis for number of companies and workers obstruct the recovery of economy, and harming the disproportionately women.

As the (COVID-19) coronavirus spread continues, the emergency service centres and the government focus on urgent needs, provide food to hungers, protects the families as well as firms from the eviction, providing boosting capacity the hospital. The funds flow from the IMF, World Bank, central banks and also from the other regional banks, for provide support to the household sectors, stabilize the financial institutes, provides goods and services to the needy workers.

From providing these services, government can recover the economy at a level.