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Define economic crises

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Define economic crises

Posted by Raghav Yadav 6 years, 5 months ago

CBSE > Class 10 > Social Science

2 answers

? ??? 6 years, 5 months ago

A period of economic slowdown characterised by declining productivity and devaluing of financial institutions often due to reckless and unsustainable money lending.

2Thank You

Abhinav ? 6 years, 5 months ago

It is the situation in which the economy level of a country experiences a sudden downturn brought on by a financial crisis.

4Thank You

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