how is it that in times of crisis major businesses will go bankrupt within months? Do they have no savings or what? 1.39K viewsJanuary 3, 2024 Question92.23K March 19, 2020 0 Comments how is it that in times of crisis major businesses will go bankrupt within months? Do they have no savings or what? In: Economics 14 Answers ActiveNewestOldest Anonymous Posted March 19, 2020 0 Comments Businesses need to be efficient, so any money they have needs to be “working” for the business, having it sit in a bank isn’t good for the business when they could use it to re-equip a factory or open another shop etc to generate more profit. You are viewing 1 out of 14 answers, click here to view all answers. Register or Login
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