Economic Preparedness

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[edit]

1. ↑ "Government Offers Details of Bank Stress Test", New York Times, February 25, 2009. Retrieved on April 21, 2016.