Question

what is economic crissis​

Answer 1

A financial crissis is any of a broad variety of situations in which some financial assets suddenly lose a large part of their nominal value

Answer 2

Answer:

Explanation:

A situation in which the economy of a country experiences a sudden downturn brought on by a financial crisis. An economy facing an economic crisis will most likely experience a falling GDP, a drying up of liquidity and rising/falling prices due to inflation/deflation. An economic crisis can take the form of a recession or a depression. Also called real economic crisis. See also collapse, recession, depression.