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What are the effects of global economic meltdown on Nigeria's banking sector?
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∙ 13y ago
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What are the adverse effects of economic meltdown?
The effects of this economic meltdown are: 1. Banks have incurred huge losses. Their earnings came down. 2. Financial institutions have gone bust or have been taken over by bigger organizations 3. The housing prices have plummeted 4. The liquidity in the financial system has come down 5. High unemployment etc.
The meaning of financial meltdown?
Financial meltdown is another term used for a financial crisis. You can compare the performance of the financial markets with the burning of a candle. The world economy and financial markets were in a bad mess a few months back due to the subprime economic crisis. Investment Banks went bust, home loan foreclosures and defaults were at their peak, stock markets crashed, etc etc
What were the effects of the crusades in western europe?
It brought many economic changes such as banking, taxes, and ended feudalism.increased power among the nobility
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socio economic effects of food borne illness
What are the effects of using ATM in Nigeria banking sector?
The effectiveness of ATM in Nigeria is one of the easy banking
What is a socio economic effects of foodborne illnesses?
socio economic effects of food borne illness
What has the author Manuel Hinds written?
Manuel Hinds has written: 'Economic effects of financial crises' -- subject(s): Bank loans, Banks and banking, Economic stabilization, External Debts, Financial crises 'Going to market' -- subject(s): Post-communism, Privatization 'The Triumph of the Flexible Society'
What was the effects of the emergency banking act?
It fixed the banking crisis because people started trusting the banks again and deposited there into the bank which helped the economy
What effects currency trading?
Economic indicators that outline a country's general economic health is one of the prime factors that effects the currency of the country.
What were the economic effects of colonization?
Slavery, impoverishment, exploitation, famine.
Why are economics and politics related?
The link between economics and political science is economic policy. These are rules, or regulation, or policies that politicians make concerning the economy. Economic policy is a vast area that range from minimum wage to taxation to banking regulations. They have both political and economics consequences. A large portion of politics is about how government can (or should) influence the economy. The study of these economic effects relate to (a portion of) political science.
Is the economy in Canada feeling the American economic crisis?
Yes. This economic situation has global effects.
