1. How could an economic crisis in Southeast Asia cause the price you pay for gasoline to <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
fall?
yes pretty much!
To answer your question simply, it is the implementation of policies that impede the natural flow of the markets.
The current crisis (circa 2009/2010) is the worst economic crisis of American history, but the same is true for almost every country of the developed World. Part of the cause may be due to policies of the US government but the same can also be said for other countries. It possible that the expense of wars in Afghanistan and Iraq have made the crisis a little worse.
October 6th 1973 Oil Crisis was a direct cause of the Economical Crisis. OAPEC refused to export petrol to supporters of Israel because of the Yam Kippur War where Syria and Egypt invaded Israel. Basically they issued an oil embargo. Alongside the oil crisis, USA had decided to float the dollar, which was devalued.
The Subprime Mortgage Crisis is an ongoing economic problem that has become more apparent in 2008 and has resulted in reduced liquidity in the global credit market and also the banking & financial systems. This crisis has exposed the weakness in the global financial system and also the regulatory framework that is overlooking them. Some of the reasons for this crisis are: 1. The US Real estate market crash 2. High default rates on Subprime loans & 3. Subprime Mortgage backed securities
French economic crisis.
French economic crisis.
unlimited wants with only limited resources
yes pretty much!
Jigme Yoser Thinley blamed the global economic crisis on "insatiable human greed".He stressed the greater importance of "Gross National Happiness".
An energy crisis occurs when a country has a great need for fuel or electricity but does not have enough of either (or both) to provide for its citizens, and as a result, energy becomes very expensive or not available to everyone. This can happen during a war, or during periods of economic uncertainty. For example, it is a crisis when people cannot find gasoline for their car because no gas stations have any to sell; or when gasoline is so expensive that people cannot afford to buy it.
they brutally killed thousands of Jews, believing thy were the cause of Germany's economic crisis.
No, it was a factor, but the main cause of WW2 was, surely, WW1.
To answer your question simply, it is the implementation of policies that impede the natural flow of the markets.
The current crisis (circa 2009/2010) is the worst economic crisis of American history, but the same is true for almost every country of the developed World. Part of the cause may be due to policies of the US government but the same can also be said for other countries. It possible that the expense of wars in Afghanistan and Iraq have made the crisis a little worse.
Economic boom in Nepal could be created by proper utilization of the resources. The resources are lying there but are not utilized properly. So the natural resources should be utilized properly.
A NATIONWIDE crisis?? !!! Probably not.