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It is the going down on the rate of economic activity of a country. It basically refers to increase in borrowings by government.
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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 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.
Causes of economic meltdown?
it is caused by the disorder in the economy of a nation which later causes the GDP of the particular nation to decrease.there is a link between this phenonenom and the law of diminishing return.
What are causes of the economic meltdown in Nigeria?
Broadly defined, a recession is a downturn in a nation's economic activity. The consequences typically include increased unemployment, decreased consumer and business spending, and declining stock prices. For a full discussion on how it affects Nigeria, see the Related Link below.
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.
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.
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.
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 are the effects of global economic meltdown on Nigeria's banking sector?
More email scams.
Sentence with the word quantative in it?
Due to the economic meltdown the Government engaged in quantative easing.
How can you help your parents in the current economic meltdown?
Take your education seriously, study hard , help around the house and don't worry.
What is the effect of global economic meltdown on the family?
I sometimes think this question would be better answered the other way around! That is, "What effect does the 'modern' family structure have on the economic meltdown??" I say that because problems with alternative lifestyles are the very PRIME reason for the economic and unemployment problems of the world. This is, of course, a virtual 'Unknown' to most of the brains trust of the global economic communities, and even if some did realize it, none would have the boldness nor honetsy to tell anyone!!
