Oditor, Vol. IV, No. 01/2018

Jelena Belokapić Čavkunović[1], Nebojša Dragović[2], Miloš Stanojević[3],

Date received: 24.06.2017.
Date accepted: 11.07.2017.

UDK: 005.332:338.124.4(100)


Economic history shows that the economy (social reproduction) does not develop straight, balanced and without delay. On the contrary, since 1825, there are ups and downs in the flows of social reproduction. After the rapid growth in gross domestic product, the increase in investment in production, the increase in profit margins, employment, the level of capacity utilization, suddenly there is a decrease in gross domestic product, bankruptcy of firms, decrease in employment, falling profit margin, Thus, social reproduction from the rise or expansion rapidly enters a fall or contraction, from falling to ascent, i.e. it moves in a zigzag line, and this is called cyclical movement of social reproduction (economy). In the economy, therefore, there is a continuous shift of one economic (business) cycle to others.

Keywords: strategies, the global economic crisis, capitalism.

[1Jelena Belokapić Čavkunović, University of Business Studies, Jovan Dučić 23a, 78000 Banja Luka, Republic of Srpska, BiH E-mail: collective.action1234@gmail.com.
[2Assistant Professor Nebojša Dragović, University of Defense, Military Academy, Pavla Jurišić Street Šturma no. 33, Belgrade, Serbia.
[3MA. Miloš Stanojević, Stanojević Auditing, 11000 Belgrade, Đorđa Vajferta 66