Sales crisis

Balance mechanics of the sales crisis

A sales crisis arises from a stagnation in overall economic demand . For a long time it was the only known form of economic crisis ascribed to early capitalism . It is denied by the harmonistic "theory of sales channels" - automatic balancing of production and consumption (JB Say) - and the classical theory of equilibrium . A sales crisis arises with changes in consumption (fashion) and production (inventions), with relocations on foreign markets , with correspondence disruptions between the economic sectors , especially with restrictions on the granting of credit , in the broadest sense through or due to expenditure reductions and thus declining mass purchasing power.

See also

• Financing needs of companies
• Restrictive fiscal policy
• Debt brake
• Net borrowing
• The paradox of savings

Individual evidence

1. ↑ Deutsche Bundesbank: Monetary and Monetary Policy: Full Allocation Policy (PDF) p. 188: "... this is intended to prevent a" credit crunch "- that is, banks restrict the granting of loans to the economy ..."