Difference between revisions of "Economic preparedness"
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| − | '''Economic preparedness''' is the study of challenges to the economic system and steps and remedies to mitigate potential economic chanllenges. For example, after the 2008 economic collapse, the Department of Treasury had each bank conduct a "stress test" to see how each bank would handle various adverse economic situations.<ref>{{cite news|url= | + | '''Economic preparedness''' is the study of challenges to the economic system and steps and remedies to mitigate potential economic chanllenges. For example, after the 2008 economic collapse, the Department of Treasury had each bank conduct a "stress test" to see how each bank would handle various adverse economic situations.<ref>{{cite news|url=https://www.nytimes.com/2009/02/26/business/economy/26banks.html?_r=0|title=Government Offers Details of Bank Stress Test|work=New York Times|date=February 25, 2009|accessdate=April 21, 2016}}</ref> |
==References== | ==References== | ||
<references/> | <references/> | ||
Latest revision as of 15:32, September 26, 2018
Economic preparedness is the study of challenges to the economic system and steps and remedies to mitigate potential economic chanllenges. For example, after the 2008 economic collapse, the Department of Treasury had each bank conduct a "stress test" to see how each bank would handle various adverse economic situations.[1]
References
- ↑ "Government Offers Details of Bank Stress Test", New York Times, February 25, 2009. Retrieved on April 21, 2016.