Respuesta :
Structural Stagnation Theory has the more pessimistic view of the problems facing the u.s. economy: structural stagnation theory or conventional business cycle theory.
The structural stagnation theory or hypothesis typically contends that the economy must undergo structural changes before it resumes its long-term growth tendency. For instance, with structural stagnation, workers must put up with low wages until the economy recovers.
Stagnation in the Structure Slower population growth, solid economic institutions, and lower growth rates are characteristics of mature economies. This kind of stagnation is known as a stationary condition in classical economics, and the secular stagnation of an advanced economy in Keynesian economics.
A structural stagnation is a period of extended slow growth and high unemployment, as opposed to a recession, which is a brief period of decreased output.
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