Social Sciences, asked by renoxgaming15, 5 months ago

what is economic crisis ?
pls.. given in points​

Answers

Answered by sahoosushree07
1

Answer:

if financial crisis is any of a broad variety of situations in which some financial assets suddenly loss in as part of their nominal value.

Explanation:

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Answered by brainly318
1

Answer:

  • The result of the economic crisis is a decline in the living standards of the population and a decrease in the real gross national product.
  • A situation in which the economy of a country experiences a sudden downturn.
  • Period of shortage in production, marketing, and consumption of products and services.
  • Shocking economic events that occur suddenly, adversely affect both the state and companies.
  • A situation in which the economy of a country experiences a sudden downturn brought on by a financial crisis.
  • A situation in which the economy of a country experiences a sudden downturn brought on by a financial crisis.

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