answersLogoWhite

0

1. Stock Market crash. People loose a lot of money. 2. Business shows down. 3. Some people can't pay off their loans. There foreclosures and bankruptcies. 4. Banks have incurred huge losses. Their earnings came down. 5. Financial institutions have gone bust or have been taken over by bigger organizations 6. The housing prices have plummeted 7. The liquidity in the financial system has come down etc.

User Avatar

Wiki User

16y ago

What else can I help you with?

Related Questions

Is the economy in Canada feeling the American economic crisis?

Yes. This economic situation has global effects.


Do you agree that we are now in the economic and financial crisis?

Yes I do believe we are in a economic crisis


Is Ireland having a crisis?

yes! economic crisis


Is high education the solution to economic crisis?

Personally, yes education is the solution to economic crisis.


How Global financial crisis affects in IT industry?

IT helps rather to uplift the economic crisis not to make it worse..so its rumours to say IT has been afftec by economic crisis. IT helps rather to uplift the economic crisis not to make it worse..so its rumours to say IT has been afftec by economic crisis.


When will the crisis over?

You have to be more specific when you are talking about "crisis". Do you mean the economic crisis?


What causes contributes to french revolution?

France was in the middle of an economic crisis which was made worse by a high and unfair tax code.


What is the difference between a financial crisis and an economic crisis and which of both affects the other most?

A financial crisis is when wall street and the banks are failing. An economic crisis is when there is high unemployment or a recession.


Does credit have anything to do with economic crisis?

The economic crisis has severely affected the availability of credit. It is also termed as the credit crunch.


Five example of contrast lead?

*Financial Stability vs. Economic Uncertainty *Educational Inequality *Healthcare Disparities *Climate Crisis Effects *Digital Divide


What is a economic crisis?

Economic crisis is wherein there is negative GDP growth lasting for two or more quarters. It is severe recession or depression.


The daWES PLAN OF 1924 SHOWED AMERICAS?

concern over Germany's economic crisis