0
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.
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
What is economic meltdown in relation to global economic crises?
A crisis is a dangerous situation, whereas a meltdown (by analogy to a nuclear reactor) is a complete collapse. A crisis, if not handled correctly, can result in a meltdown.
What is Economic meltdown and it relevance in banking industry?
If you are referring to the recent meltdown in started only with financial services firms including banks. Economic meltdown is an unexpected but accelerated financial system failures resulting in drastic reduction in economic activity.
What is economic meltdown?
It is the going down on the rate of economic activity of a country. It basically refers to increase in borrowings by government.
What is a socio economic effects of foodborne...?
socio economic effects of food borne illness
What is a socio economic effects of foodborne illnesses?
socio economic effects of food borne illness
What are the effects of global economic meltdown on Nigeria's banking sector?
More email scams.
What is economic meltdown in relation to global economic crises?
A crisis is a dangerous situation, whereas a meltdown (by analogy to a nuclear reactor) is a complete collapse. A crisis, if not handled correctly, can result in a meltdown.
What is Economic meltdown and it relevance in banking industry?
If you are referring to the recent meltdown in started only with financial services firms including banks. Economic meltdown is an unexpected but accelerated financial system failures resulting in drastic reduction in economic activity.
What are the adverse effects of communal disharmony on the social fabric and economy of our country?
The adverse effects of communal disharmony on the social fabric and economy of a given country is that it leads to slow economic growth rate. It also leads to unemployment.
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
The value of professionalism in economic meltdown?
It is going to take professionalism to deal with economic problems successfully.
What is the Impact of global economic meltdown on management of employment in Nigeria?
...sorry no can do
What is global economic meltdown in full?
It means the word is facing a recession.
Discuss the adverse effects of terrostrial magnetism on human body?
Discuss the adverse effects of terrostrial magnetism on human body.
What is economic meltdown?
It is the going down on the rate of economic activity of a country. It basically refers to increase in borrowings by government.
What is the effect of economic meltdown in Nigeria?
Prices of goods increased from the normal state.
Will the banks cause another economic meltdown by taking unreasonable risks?
Yes, there is a very good chance that the banks will cause another economic meltdown. The only way this can be avoided is if the government puts forth true bank regulation.
