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8) What is the importance of ‘Great Compression’ in American history? Do you think India too can experience ‘Great Compression’? If so, suggest what policy measures need to be implemented by the government.

Topic: Indian Economy – Employment issues

8) What is the importance of ‘Great Compression’ in American history? Do you think India too can experience ‘Great Compression’? If so, suggest what policy measures need to be implemented by the government. (200 Words)

Business Standard

Reference (BusinessWeek)