FINANCIAL CRISES, THEIR CAUSES AND THEIR IMPACT ON THE ECONOMY OF COUNTRIES

This article provides information about the major global financial crises, their causes, and their impact on economies. Specifically, it explores the origins, consequences, and effects of the 1929 "Great Depression," the 1997 "Asian Financial Crisis," and the 2008 "Global Financial Crisis." Additionally, it highlights the lessons learned from these crises and the changes they brought to financial systems. Through this article, readers can enhance their financial literacy and gain a deeper understanding of the global economic system.

Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2024-12-04
DOI
https://doi.org/10.5281/zenodo.14277901
Primary Topic
World Systems and Global Transformations
Type
article
Field-Weighted Citation Impact
0.00
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article

FINANCIAL CRISES, THEIR CAUSES AND THEIR IMPACT ON THE ECONOMY OF COUNTRIES

Zenodo (CERN European Organization for Nuclear Research)
World Systems and Global Transformations
article

FINANCIAL CRISES, THEIR CAUSES AND THEIR IMPACT ON THE ECONOMY OF COUNTRIES

article en

Abstract

This article provides information about the major global financial crises, their causes, and their impact on economies. Specifically, it explores the origins, consequences, and effects of the 1929 "Great Depression," the 1997 "Asian Financial Crisis," and the 2008 "Global Financial Crisis." Additionally, it highlights the lessons learned from these crises and the changes they brought to financial systems. Through this article, readers can enhance their financial literacy and gain a deeper understanding of the global economic system.

Zenodo (CERN European Organization for Nuclear Research)
Quality Education
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World Systems and Global Transformations
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FINANCIAL CRISES, THEIR CAUSES AND THEIR IMPACT ON THE ECONOMY OF COUNTRIES · Zenodo (CERN European Organization for Nuclear Research) (2024) | TGRS Research Map | TGRS