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What is the difference between social unrest and financial crisis?
Wiki User
∙ 14y ago
social unrest can be due to trivial factors in rich countries too like religious factors and cultural factors. so while Middle East is rich due to monarchy and terrorism, there exists social unrest. similarly rampant consumerism in usa gives rise to social unrest.
financial crisis is related with economy decline and meltdown.
people may be poor but still happy and peaceful, moneydoesnot equal peace
Wiki User
∙ 14y ago
Social unrest refers to public demonstrations, protests, or disturbances in response to social or political issues. A financial crisis, on the other hand, typically involves a disruption in the stability of a financial system, leading to widespread economic repercussions such as bank failures, Stock Market crashes, and recession. While social unrest may be fueled by economic grievances, it is not synonymous with a financial crisis.
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