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The Recession in the banking industry has adversely affected the cash flow for the industries. When industries cannot raise funds for their expansion or operation then the industrial output would come down. This in turn would affect the GDP of the nation. It may affect the employment situation in the country also.
What else can I help you with?
How does politics affect the banking industry?
Yes, politics greatly affect the banking industry. Government policies affects the economy of a nation which involves its banking industry. An example is the case of the Great recession which affected many banks around the world.
What industry was hit hard is due to recession?
the automotive industry
What caused the 1873 great recession?
Failure of a Philadelphia banking firm
How competitive is the banking industry in Ghana?
American banks that do banking business in Ghana
How can a recession have a devastating impact on the economy?
the economic effects of recession are business fail,people lose their jobs, and profit fails.
How does politics affect the banking industry?
Yes, politics greatly affect the banking industry. Government policies affects the economy of a nation which involves its banking industry. An example is the case of the Great recession which affected many banks around the world.
What are the economic recession effects in the tourism industry in swaziland?
tourist are nolonger flowing like b4
What industry was hit hard is due to recession?
the automotive industry
What caused the 1873 great recession?
Failure of a Philadelphia banking firm
What industry does banking come under?
Banking falls under the financial industry. The Federal Reserve is the central banking system of the US. Each state has its own Department of Financial Institutions, which oversees the banking industry.
What has the author Siew Yueh Tan written?
Siew Yueh Tan has written: 'Financial liberalisation and its effects on the Japanese banking industry'
What stagnates during a recession?
growth, industry.
Which industry was hardest hit by the recession?
construction
What caused the curren recession?
Flat wages, Bad banking practices, and federal bailouts
How was the food industry affected by the recession?
The food industry could easily be the industry that will most likely survive recession. The reason for this is simple: people need food to survive. However, not everyone in the food industry will be able to survive. Just because everyone needs food any type of food will not be able to survive recession.
Where did the banking industry start?
The banking industry started in h late middle ages, at fairs where money was exchanged
How did the logging industry do in the 1990's?
The national recession during the early 1990s hurt the wood products sector badly, but as the recession waned, the industry began to recover.
