War has produced many negative impacts, apart from the three impacts you described above, war also leaves deep wounds on the people who live around the war. The impact produced by war depends on how big the war is, countries that are energy dependent from countries that are being hit by war also experience negative impacts such as stray missiles and increasing inflation ratios.
The increase in national GDP is hampered, state spending is increasing to finance war needs such as the need for large amounts of oil and the stock market is not functioning as it should, which makes share prices fall further. Overall, the impact of the war has left many negative sides, leaving huge losses in economic terms and leaving deep trauma due to the increase in disability.
Topic: The impact of war on global economy. - page 14. (Read 2320 times)
I have read comments on this post and confirmed that economically, there were more additional lists to consider when talking about the impact of war on global economy. Regardless of how big or small the war, it is still us who will face and deal with the consequences. Though there are many reasons how a war has started but leaders should think the impact of war on it's economy and people.
I don't know but in my opinion if you can control energy you can control basically everything in this case of war Russia is also among top of producer oil and gas even tho they are bombarded by a ton of sanction the country still can manage their economy because they control the energy.
If top energy producer decide to cut or decrease their output the price will likely going up, you know basic supply and demand after that the other price will also start to rise because in our world today we are depends on the oil from producing the food to distribution the food all of them need an energy and the other will start to follow
If top energy producer decide to cut or decrease their output the price will likely going up, you know basic supply and demand after that the other price will also start to rise because in our world today we are depends on the oil from producing the food to distribution the food all of them need an energy and the other will start to follow
2. Oil is considered the most crucial resource in modern warfare.
There are many crucial resources in modern warfare. Oil is an important resource, but there is also food and water as essential ones. Depending the region the war is affecting and the countries involved on the conflict we can have another crucial resources, like gas for Europe which comes from Russia. Every resources which are a must to keep economies running and living organisms alive are considered crucial. 
Everything is being affected by the war. The price of commodities and as in everything has increased and that's due to the demand of oil that's also being used in war and the same goes to the affected areas where oil is being produced.
While there have been a lot of resources and sources of oil, you know that when there are events like this. They just make the prices balloon because they'll reason out it's because plainly of the war.
On for the affected land masses of the war, the decline of prices of the lands there are massively happening.
While there have been a lot of resources and sources of oil, you know that when there are events like this. They just make the prices balloon because they'll reason out it's because plainly of the war.
On for the affected land masses of the war, the decline of prices of the lands there are massively happening.
let us put it this way, war will always have significant impact in the economy especially those countries which are directly involved one way or another.
neighbouring countries as well. and those countries which are heavily relying on the products produced by those countries. and other countries which are not directly involved will also feel its impact as you said because most countries are still relying their oil resources outside of their region.
Everything is being affected by the war. The price of commodities and as in everything has increased and that's due to the demand of oil that's also being used in war and the same goes to the affected areas where oil is being produced.
While there have been a lot of resources and sources of oil, you know that when there are events like this. They just make the prices balloon because they'll reason out it's because plainly of the war.
On for the affected land masses of the war, the decline of prices of the lands there are massively happening.
While there have been a lot of resources and sources of oil, you know that when there are events like this. They just make the prices balloon because they'll reason out it's because plainly of the war.
On for the affected land masses of the war, the decline of prices of the lands there are massively happening.
In addition, war also caused the government to spend way more than its normal budget. It also makes people suffer. Transportation and logistic is also greatly affected so the distribution of trade is interrupted. Continued war can result in famine, economic crash, destruction of properties and living things, and many more. The only sectors that profit in this war are the weapon manufacturers and medical supplier.
1. Increase in the national GDP is least likely to be caused by a war.
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.
What do you guys think? Is this true or false?
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.
What do you guys think? Is this true or false?
It was common impact on the GDP of the country which involved in the war,because the import and export of the goods in that country was totally stopped due to the war.The demand of the oil was the cause of the US influences in the oil based countries like Iran,Syria.The United States had try to get the control of this oil based country by the war.But this country had try to defend themselves and some other country had helped the Iran and Iran was get away from the influences.After the war,their will be huge influence in the stock of that country.
1. Increase in the national GDP is least likely to be caused by a war.
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.
What do you guys think? Is this true or false?
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.
What do you guys think? Is this true or false?
You’re right and the list keeps going. War is not a good thing and should not be encouraged. It is better to always end up in a truce than to escalate the matter into a war. War have destroyed many nations in the past and any country that have faced war before don’t always pray for it to happen again because of the everlasting and irreplaceable loss it always does to the people living in that vicinity or nation. An example is the war between the Russia and Ukraine which has not come to an end, another one is the internal war in Sudan that already claimed many lives and left properties. It is disheartening seeing all this happening in a supposedly said to be peaceful world.
3. War affects the stock market by causing a decline in stock prices.
What do you guys think? Is this true or false?
This is obvious during warfare because the infrastructures are destroyed and companies are short down and affected so when there is no production, that will reduce every other activities around the company which will affect their IPO or stock selling. Wars are very devastating for every economic whether big or small, to avoid war is more profitable than to allow it to happen because it leads to different calamity and it destabilizes an economy and set them 100 years backward .
1. Increase in the national GDP is least likely to be caused by a war.
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.
What do you guys think? Is this true or false?
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.
What do you guys think? Is this true or false?
Well we are over a year from the war now, and so obviously, we have seen the effects already. Last year was bad as it really affected the whole global economy, but this year, it seems that every country has adjusted and settled down a bit and now fighting it's on war in inflation.
So maybe there will be more countries that are going to suffer due to war, but there could be some that has altered their outlook as far as the hardship of war and focus solely on how to improved everything thru their governments.
And it could be one reason though that Bitcoin will end up at 6 digits for then next bull run as there are a lot of people who might hedge their wealth and used Bitcoin as store of value.
The impact exists, to a lesser or greater degree, for certain regions or hemispheres and within those zones, some countries suffer from it more than others.
THE UCR-RUS war is the best recent example, but it does not mean that the impact is the same, this war has had a brutal global impact but it has mainly and greatly affected the economies of Europe, that has been the epicenter, and within In that region, some countries are having a worse time, globalization is a somewhat "climatic" effect, in these parts other things affect us more than the direct economic effect produced by this pitiful war between Ukraine and Russia.
By the way, there are were relevant news these days since the president of Ukraine met with Baiden, that simple meeting has a very great effect for Europe and Asia, but less relevant for the American continent.(e.g.)
THE UCR-RUS war is the best recent example, but it does not mean that the impact is the same, this war has had a brutal global impact but it has mainly and greatly affected the economies of Europe, that has been the epicenter, and within In that region, some countries are having a worse time, globalization is a somewhat "climatic" effect, in these parts other things affect us more than the direct economic effect produced by this pitiful war between Ukraine and Russia.
By the way, there are were relevant news these days since the president of Ukraine met with Baiden, that simple meeting has a very great effect for Europe and Asia, but less relevant for the American continent.(e.g.)
1. Increase in the national GDP is least likely to be caused by a war.
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.
What do you guys think? Is this true or false?
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.
What do you guys think? Is this true or false?
You forget the most important thing, the war brings a lot of deaths and unforeseen situations in life, like loss of family members, destruction of homes/buildings, loss of business and jobs etc. These are things which the common man faces and they would not care about the GDP, Oil or stock prices at that point of time.
Yes, the outside world (which is not involved in the war) will look closely at how the oil prices react to war, how the stock market will behave and how the crypto market shows bullish or bearish momentum during those times.
Prices of everything will go up. There will be hunger, and I don't think you will live long as well, the war today is not like in ww2 where the weapons are just rifles and grenades. War today will include planes with warheads that can wipe out an entire city. The stock market may be the last thing you will be thinking.
If you survive long enough, maybe you will still be seeing BTC going up but the problem is that products and food are hard to find. If you are able to buy the price most likely is up to the moon.
1. Increase in the national GDP is least likely to be caused by a war.
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.
What do you guys think? Is this true or false?
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.
What do you guys think? Is this true or false?
You probably need to consider the location and type of war that is going on to determine if it will effect the global economy. A war in the middle of a desert without oil is probably just going to end up as skirmishes by possibly poorer country, will not have much consequence outside the local region - except for maybe a few more refugees trickling around and maybe things like a lower supply of diamonds, or other commodities if they mined it. On the edge of Europe, from two big countries, we're seeing some massive impact on supply chains and food security taking place right now. It is very unsettling when more developed countries, even those with nuclear weapons, start getting into unnecessary fights because you never know if something might trigger it to spiral out of all control.
The profit the war brings is less than the losses it causes. It depleted a country's resources; people lost their lives and homes; food shortages caused famine and the destruction of a country's economy. Ukraine, Libya, and Syria are some examples of what a war can do to a country's economy. But it has minimal impact on a global scale if all the major powers aren't involved. As an example, the Russia-Ukraine war causes food shortages in the Middle East, which causes an increase in food prices, but they are getting supplies from other sources, which prevents any possible famine. If this were a war, we could see half the population die because of famine.
War impacts the global economy only if the war involves major countries. People may forget that wars in the Middle East have been going on for years, much longer than the Ukraine war. And those wars in the Middle East haven't been disruptive because they involve countries with small GDP's.
In rare instances it can depending on investments made post war and depending on global competition.
After WW2, the U.S. GDP grew rather quickly and they made some gains in foreign exports because half of Europe was torn to rubble during the war. As Europe was rebuilding their economies, U.S. overtook everyone else and controlled global exports.
Without WW2, I don't see the U.S. economy growing as fast as it did from the 40's to the 60's.
War will never increase the national GDP, it would rather decrease it and the level depends on the nature of the war and where it hit the country.
In rare instances it can depending on investments made post war and depending on global competition.
After WW2, the U.S. GDP grew rather quickly and they made some gains in foreign exports because half of Europe was torn to rubble during the war. As Europe was rebuilding their economies, U.S. overtook everyone else and controlled global exports.
Without WW2, I don't see the U.S. economy growing as fast as it did from the 40's to the 60's.
Of course, war usually has a profound and lasting effect on any economy because it affects the overall economic stability of that country. Nothing will function well because of the impact the war has caused. war brings about inflation, trade disruption, currency devaluation, an increase in government spending, and lots of infrastructural and human damage, so many refugees and IDP camps to mention a few.
Oil plays a significant role in modern warfare due to its role in energy supply, logistics, and so on but there are other resources like information, food and water, mineral and material resources, economic and financial resources that also help in determining the outcome of a conflict.
Oil plays a significant role in modern warfare due to its role in energy supply, logistics, and so on but there are other resources like information, food and water, mineral and material resources, economic and financial resources that also help in determining the outcome of a conflict.
1. Increase in the national GDP is least likely to be caused by a war.
War will never increase the national GDP, it would rather decrease it and the level depends on the nature of the war and where it hit the country.Quote
2. Oil is considered the most crucial resource in modern warfare.
Crude oil prices would drop during war and crisis, a good example was the Covid-19 era when the price of WTI dropped to below $0. It was only saved on the future markets.Quote
3. War affects the stock market by causing a decline in stock prices.
War will definitely cause uncertainty in the market, including stocks, and there would be an absence of precision but instability. So, it will surely be negative on the stocks.
Normally war is a bad thing and it affects all aspect of man's life and that of their nation why because when there is war there is also economy crisis and it surely also affects the areas of your highlights. When there is war the neighboring country's enjoy the benefits of selling their ammunition and their cost prices changes over time to the higher in demand of them, including every other things in the country increases tremendously. This isn't a thing to pray for and we should try all our best to prevent and avoid war from resolute within both country's as both affected country could finds it very difficult to get back their normal ways of living because it will affect almost every other thing in the country.
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