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... > contexts > population characteristics > socioeconomic factors > economic factors > economic fluctuations > economic crises

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economic crises  

Definition

  • The significance of economic crises to global studies is well illustrated by the global financial crisis that started in the summer of 2007, catching the world by surprise. As money markets froze and banks stopped lending to businesses, many politicians and policymakers refused to acknowledge the significance of the developments. [Source: Encyclopedia of Global Studies; Economic Crises]

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https://concepts.sagepub.com/social-science/concept/economic_crises

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