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Government should act appropriately in these different situations. Especially when the economy confronts with a recession. Only the appropriate invention from the government can bring the economy go through obstacles. If the government fails to remedy this crisis, it will affect overall the economic activities to disaster. To bring the economy out of recession, the government should implement Keynes’s idea, “The General Theory of Employment, Interest and Money” 1 as an antidote to preserve public interest.
The recession is known as a “significant decline in economic activity, spread across of economy” 1 or “in economists’ term, a recession is defined as two or more consecutive quarters of GDP decline...
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