want new answer

You run the Government of a small country in the pacific. Much of the economy for your small country comes from factory production. Suddenly, due to an oil crisis, the price of oil has gone up significantly for many of the factories. This will squeeze the profit made by the companies.

a. Describe some of the negative effects on the economy you would be concerned about

b. List a few policies you might try as the Government to help keep the economy from shrinking

1. You run the Government of a small country in the pacific. Much of the economy for your small country comes from factory production. Suddenly, due to an oil crisis, the price of oil has gone up significantly for many of the factories. This will squeeze the profit made by the companies.

a. Describe some of the negative effects on the economy you would be concerned about

b. List a few policies you might try as the Government to help keep the economy from shrinking