skillsforBSunit4 November16,2017

skillsforBSunit4 November16,2017

crisis
pluralcrises
skillsforBSunit4 November16,2017

Natural disasters

Types of
Crisis
Terrorist attacks
skillsforBSunit4 November16,2017

Crises related to the

business world

aperiodwhenthe
economyofacountryis
notsuccessfuland
conditionsforbusiness
arebad
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currency crisis
Asituationinwhichthevalueofacurrencybecomes
unstable.Acurrencycrisisisatypeoffinancial
crisis.Oftensuchacrisisculminatesinadevaluation
ofthecurrency.
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Unemploymentisaphenomenonthatoccurs
whenapersonwhoisactivelysearchingfor
employmentisunabletofindwork.
Unemploymentisoftenusedasameasureof
thehealthoft.heeconomy
skillsforBSunit4 November16,2017

What is a 'Financial crisis'

A financial crisis is a situation in which the

value of financial institutions or assets drops
rapidly. A financial crisis is often associated
with a panic, in which investors withdraw
money from savings accounts with the
expectation that the value of those assets
will drop if they remain at a financial
institution
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skillsforBSunit4 November16,2017

somethingvaluablebelongingtoapersonororganization
thatcanbeusedforthepaymentofdebts

thesharesofaparticularcompany
orcorporation

anamountofmoneythatis
borrowed,
oftenfromabank
anofficialpapergivenbythegovernmentoracompany
toshowthatyouhavelentthemmoney
thattheywillpaybacktoyou
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Whatisa'CreditCrunch'

Acreditcrunchisaneconomiccondition
inwhichinvestmentcapitalisdifficulttoobtain.
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subprime

e.g.subprimemortgages/loans/lending