(Answered) Which economic system is best suited for handling a crisis

Economics

Which economic system is best suited for handling a crisis of epic proportions (hurricane, flood, blizzard, forest fire, etc.)? Why?

Describe and explain why a socialist system might be the best in responding to the needs of people struck by an emergency situation like the earthquake that occurred in Haiti in January 2010.

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Macroeconomics, Economics

Category:- Macroeconomics
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