Economic Shock and Policy measures:

Sample country 1 - Canada

Sample country 2 - Zimbabwe

For the years between 1960 to 2020, consider an economic shock that significantly affected these countries and provided an extensive discussion about the economic shock. The Issue's coverage can range from the effect of the economic shock on the local economic units (businesses and households) and further on the regional or global economy (e.g. the 2008-2009 Financial crisis). Once you identify the economic shocks, discuss the monetary and fiscal policy measures that the government took to stabilize the economy from the aforementioned economic shocks