It is the integration of national economies into the international economy through trade, foreign direct investment, capital flows, migration, the spread of technology, and military presence.
Depending on what kind of financial crisis is being described for example; large scale financial crisis such as businesses and communities or small scale such as personal financial troubles. On a personal level not having enough money to live of for necessities is a crisis. For large scale like a community if the economy is bad then that is a big problem as well.
The Global Financial Crisis of 2007-2008 severely impacted the US economy, leading to a deep recession characterized by high unemployment, widespread foreclosures, and significant declines in consumer wealth. Major financial institutions faced insolvency, prompting government bailouts and the implementation of stimulus measures to stabilize the economy. The crisis also led to a loss of confidence in financial markets and prompted regulatory reforms aimed at preventing future collapses, reshaping the banking and financial landscape. Overall, the crisis had long-lasting effects on economic growth, income inequality, and public policy in the US.
maybe
http://wiki.answers.com/Q/CausesEffects_and_Remedies_of_global_economic_crisis"
cuban missile crisis
The recent Global Economic Crisis is one example of many
Yes. This economic situation has global effects.
Energy crisis have a negative impact to global economy, some of which are; lack of sufficient food, fall in GDP, and inflation.
Make Hosni Mubarak, Egypt's economy one of the strongest economies in the world, Egypt's economy is one of the few who were not affected by the global economic crisis ... and your right record did not materialize in America during the global economic crisis ... Since the order of Egypt's economy is 26 in the world and this number is Excellent
The subprime mortgage crisis had a significant impact on the global economy by causing a widespread financial downturn. It led to a credit crunch, a decline in housing markets, and a decrease in consumer spending. This crisis also triggered a chain reaction that affected financial institutions worldwide, leading to a recession in many countries.
Perhaps you are depressed. Maybe you are thinking about the economy, the oil spill, global climate change, the war in Iraq, Afghanistan, the crisis with Yemen, the crisis with Mexico, the crisis with Iran, the crisis with North Korea.
Yes, economy is an adjective in the term 'economy crisis'.
You need a renewable source of fuel so the economy would stabilize.
well, it depends on what type of global crisis it is...
no. the global food crisis concerns wether there will be enough food on the panet to sustain the planets population.a depression is when a countries economy collapses. one is a food problem, the other is a money problem.
The main factors that led to the subprime mortgage crisis in 2008 were risky lending practices, lax regulation, and a housing market bubble. This crisis impacted the global economy by causing a financial meltdown, leading to a recession, and triggering a domino effect that affected banks, businesses, and individuals worldwide.
The German economy is basically sound but is currently (October 2008) affected by the global financial crisis and the recession.