Question

Brexit, Greece Crises, Chinese Crises, Sub -Prime Crises are example of which of the following?

Answer 1

Greece Crisis, Brexit, Chinese Crisis, Sub -Prime Crisis are all examples of global financial crisis(GFC).

Global financial crisis can be referred to as the duration or period of an extreme stressed condition in global financial markets as well as in the banking industry.

The various causes of such a crisis are enlisted below:

1. Increase in borrowings by investors and banks.

2.Errors in regulation and policy making.

3.Undertaking excessive risk in a macroeconomic environment.

Answer 2

"Greece Crisis, Brexit, Chinese Crisis, Sub - Prime Crisis are for the most examples of Global Financial crisis(GFC).

Global Financial Crisis can be alluded to as the span or time of an extraordinary focused on condition in worldwide budgetary markets just as in the financial business.

The different reasons for such an emergency are enrolled beneath:

1. Increment in borrowings by financial specialists and banks.

2.Errors in guideline and arrangement making.

3.Undertaking exorbitant hazard in a macroeconomic situation."