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Economic System Suited For Crisis

Pamela Falconer

DeVry University

Amber More

03-07-2014

Which Economic System is Best Suited For Handling Best Crisis of Epic Proportions

A natural disaster consist of Fire trucks, Helicopters, Police, Ambulances, Doctors , Nurses, and then all the Arm Forces they are the first to arrive to the sceen when there is a nation wide crisis. There are different divisions that has responsibility such as Fema and the government , that is considered in a strong disaster situation cause of the infrastructure of the economy, that means that the government would focuss on rebuilding and asking different inestor’s to invest in a private sector meaning that the government would take care of the people that’s handling the crisis put them up in hotels so they would be closer to the people that’s in need. The government would also have a positive effect and would introduce different ways of lending money such as low interest loans, grants that would help private sectors to get on with their main concerns.

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Socialism is built on a ideal if equality. In a society the government /people take care of the poor. Socialism believes in providing free healthcare and olther programs to take care people and vesting ownship and control of the means of the productions. The government would already likely to be responsible for the needs of those in need. It also states in the book that workers get longer vactions and work fewer hour per week so the can better assist with the crisis and help clean up with the disaster. (Nickles, Mchugh & Mchugh 2010). There will be all kinds of battles between communities/governments/ business officials the reason being is because all

Of them would want a piece of the pie.

The cost of heat in the winter goes up because the energy compines know that

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