Question

effects of world economic crises

Answer 1

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GLOBAL ECONOMIC CRISIS: CAUSES,IMPACT ON INDIAN ECONOMY, AGRICULTURE AND FISHERIES. Theglobal economic crisis started in United States of America mainly due to 'sub-prime mortgages' where interest rate was slow- er down and there was a great demand for housing loans. ... Then this mortgages crisis affected worldwide.




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Answer 2

In 2008, the global economic crisis is felt mainly in the world economy have led to major changes, the emergence of new and crisis effectively on a global scale are triggered. ... In the study, it is assumed that the effects of the economic crisis will reflect on the country's Gross Domestic Product as a result.