what is economic crisis ?
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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.
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- 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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