THE IMPORTANCE OF CRISIS RESEARCH FOR ECONOMY IN TERMS OF SOCIAL-HUMANITARIAN STUDY
Economic development is a continuous process, but not a uniform one. The dynamics of macroeconomic indicators, the economic growth rate is subject to economic cycles, which have a direct impact on the welfare of the population. This article analyses the social aspects of cyclic processes in the economy and the role of crisis not only in the economic sphere, but also in the social one. Examples from the history of the recent past will demonstrate the importance of economic crisis study for society as a whole. Based on the research we can conclude that regardless of some positive consequences of the downward business cycle stage - such as economic renewal, the development of social programs for business and public support as well as consciousness-raising when making investment decisions, there is no doubt that negative effects still remain prevailing and have a devastating effect on social stability.