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    Thread: [Overview] Economic crisis.

    1. #11
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      An economic crisis can be simply defined as a long-term economic problems/failures that is characterized by unemployment and low levels of business/low levels of trade and investments from withing or outside the country, Economic crisis is usually accompanied by rapid increases in the prices of goods and services around the Country or region where it is taking place, This combined with other factors will quickly lead to a Recession, Which is a integral part of the Economic crisis World over.

      An economic crisis also occurs in a country by intentional or unintentional mismanagement or by accident, Also it can be caused by an external factor like Wars, Internal wars too and Famine..


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    3. #12
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      Economy crisis can mean a drastic change from the good economic conditions to a decline from various aspects. This can also affect the exchange rate of currencies and basic needs at high prices. the economy of the crisis can be quite dependent on how a country can provide an appropriate policy to control the economic crisis of the country. Usually to be able to control the crisis economy, a country will raise interest rates or lower interest rates. Some countries also make policies with stimulus program or impose import taxes to control foreign exchange. Economy crisis can also happen because of failure in paying debt to the world bank and this will provide a greater burden because bank interest will continue to flow.
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    5. #13
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      An economy crisis is considered to be when a country face am unexpected problem or fall on the state of an economic, the GDP is mostly categories as the way knowing how well and how bad the economy is growing but when the GDP (gross domestic product) unexpected starting falling suddenly then this is an economy crisis and this problem can cause inflation where prices of products and services will increase and this is very bad for the citizens and the economy.

      What can the government do in this state?
      1. Reduce the rate of unemployment
      2. Reduce the interest rate this will give room for business to get loans and increase the level of productivity and services
      3 allows increase in importation: this will allow more product to come in and stabilize the price of product


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    7. #14
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      an economic crisis arises where the economy of a country experiences a sudden downturn brought about by financial crisis. such an economy will experience a falling gross domestic product(GDP), a fast reduction in liquidity and rising prices due to inflation or falling prices due to deflation.

      such crisis comes about in instances where institutions and assets are over-valued, which could have been caused by irrational investor behavior. if an economic crisis is not checked on time, it could lead an economy into recession or depression.
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    9. #15
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      Economic crisis is a very broad term that one can not limit the different states and conditions that define its occurence. But if there is one thing that can be used to determine an economic crisis, it is the economic hardships that the citizenry are experiencing. If the prices are soaring high and people cannot afford to buy what they need to live and there are less and less employment opportunities for the laborers and workers, then we can say that we have an economic crisis. There are many different conditions that may brought about an economic crisis. Different nations of the world have suffered economic crisis caused by different economic conditions. A well-known example is the worldwide "Great Depression" in the 1930's which was brought about by the stock market crash in the United States.

      For one, a corrupt government can lead to an economic crisis because people of the government keep stealing from the coffers of the government, which stolen money are in fact allocated to the different services that the government should provide. As the government lacks money, it borrow and borrow more money only to be stolen by the government people. Ultimately this would lead to an economic crisis where the government has a lots of debts which it can hardly repay.


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      The economic crisis is a term used in the economic field and refers to a drastic change in the economy. Such rapid economic changes lead to a decline in the exchange rate of currency and higher prices of basic necessities. Economic crisis can hit a country if the economic changes can not be dammed again. When this sets in the institutions involved or even the government may end up not having any serious activity going on and there may be a need to seek external aid one way or the other in order to avoid total collapse. Take for example the policies of US President Donald Trump in launching a trade war at this time could certainly impact the economic crisis if not brokered as soon as possible. Hence, he argues, the economic cycle is completely unpredictable. In fact, this can not be predicted with sophisticated economic models through any econometric approach.


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    13. #17
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      The economic crisis is a term used in the economic field and refers to a drastic change in the economy. Such rapid economic changes lead to a decline in the exchange rate of currency and higher prices of basic necessities.
      In economics, crisis is an old term in business cycle theory, referring to the sharp change towards recession. the economic crisis is a term used in the economic field and refers to the drastic changes in the economy. Such rapid economic changes lead to a decline in the exchange rate of currency and higher prices of basic necessities. Economic crisis can hit a country if the economic changes can not be dammed again.


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      Economic Crisis : is a sudden Case of Imbalance and disturbance in the general economic system to the countries that lead to imbalance in all aspects and economic elements such as income, production, Consumption, Prices, import, export and Currencies prices .... etc .

      - There are more Reasons for the economic Crisis as :

      1-High unemployment : which always happen from the high interest rate that lead the companies to stop borrowing money from the banks and this and this lead to decreasing in the customer spending and this make the companies decrease the number of employers for the surviving in this economic downturn so unemployed persons will stop spending money and this will affect on the production and the economy and increasing in unemployment rate and this always lead by time to economic Crisis .

      2- Natural Disasters : as flooding, Crop diseases, Earthquakes ... etc that affect on the prices by increasing specially in Food prices that may affect on the consumer spending and by time this may lead to economic Crisis By decreasing in the production and reducing in the business income that also lead to Increasing in unemployment rate that also lead to economic Crisis .

      3- Stock Market Bubbles : that always happen after making correlation to the stocks that raised too much from the high demands to investors for buying it then it becomes not able to support it selves eventually this lead its value for big reducing after this correlation the the investors start for withdrawing their monies from the market and this lead to big Decreasing in the economy then it lead also to economic Crisis .

      4- Lending Rules : when we have decreasing in the economy Banks and lending institutions will start making some restrictions on lending money for home buying or business Growing and this lead the borrowers to take these loans with very high interest and eventually this make them unable to afford these high interest rate and this may lead them to the prison then this may lead to Economic Crisis Because most of people will stop borrowing money from the banks and this will lead big reducing in the economy cycle .


    15. #19
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      What is an economic crisis?
      When an economic assets lose the larger part of their nominal value, this situation is known as economic crisis. A countries economic crisis depends on the gross domestic product(GDP), foreign earning remittance, unemployment rate, interest rate, foreign investment etc.

      Many country's economy is largely depends on agriculture, some depends on industrialization and some depends on technology. In Bangladesh, the economy is based on ready made garments. All most 80% income is coming through the garments industry. It removes the unemployment curse from the society.

      Self initiatives is a must needed things for an unemployed persons. If you are an unemployed person, you should not depending on the official jobs only. You can take small loan to start a self business. You can start a farm related business. If you have a good analytical knowledge then you should start Forex trading. Forex trading is the best place to remove this unemployment curse from the society. If you develop your financial situation then automatically your country's economy will be increased. Your country's economic crisis could be solved if you can change your financial condition through Forex trading. If you could develop through Forex trading then invite your friends and family to start Forex trading also.


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    17. #20
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      Any country thy are in this state of an economy is in real trouble, it means there will be lack of jobs, no development, scarcity of food, in fact total maximum inflation will likely occur.
      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.

      There are couple of situations that can caused economic crisis.

      1. Political crisis can cause an economy crisis in such a way that the government officials that are meant to take charge of the economy affairs are busy with political problems.

      2. Fluctuations of currency

      3. Fiscal crisis : this is a situation where a government unable to pay back their debt


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