Topic: What is the cause of economy rise and fall. (Read 1445 times)
Very few countries have a stable economy. The economies of most countries fluctuate. This can happen in many ways. For example, natural disasters. Natural disasters can wreak havoc on a country`s economy. Many people become unemployed due to nature disasters. Many people Homes became uninhabitable. Then they have to spend government money to make arrangements for Their stay. This hurts the economy.
The national economy depends on the balance of exports/imports and the gross national product produced per capita to value.
Some countries have abundant natural resources and they export them to get rich. for example, the oil-rich Middle Eastern countries.
Some countries have an abundant gross domestic product output, they go up from production and create value for the country's economy. For example, Japan has less abundant natural resources but is the 2nd economy in the world.
Some countries have abundant natural resources and they export them to get rich. for example, the oil-rich Middle Eastern countries.
Some countries have an abundant gross domestic product output, they go up from production and create value for the country's economy. For example, Japan has less abundant natural resources but is the 2nd economy in the world.
Those sitting in government have made a big contribution to why the economy rise and fall, other officials are doing things just for the benefit of themselves not to their citizens, and mostly corruption is a common cause of economic collapse. But sometimes there are unexpected events like covid 19 which gave a great blow to all of us and made our economy fall continuously.
Yes, bad government can cause economy rise and fall in the country. Once there's bad leaders in the government their own is to control the economy in a way it will favour them not the way it will favour the citizens, and that can cause economy rise and fall in the government.
Those countries their economy is rise and fall, there are some things they fail to position in the country that is causing them rise and fall in their economy. If any government fail to tackle corruption in the country, it will hard for the economy to be stable like the way others countries economy is constant in their environment.
Those countries their economy is rise and fall, there are some things they fail to position in the country that is causing them rise and fall in their economy. If any government fail to tackle corruption in the country, it will hard for the economy to be stable like the way others countries economy is constant in their environment.
Import export has more than what we can imagine in a national scale instead of individual. When you are a nation that doesn't sell too many things to other nations but buy a lot of things from other nations that means you are going to end up not having any money in the end, think of it like yourself, you have your income and you have your expense so if your expense is bigger than your income you are not going to stay like that forever and eventually bankrupt.
Now nations do not bankrupt we all know that, but they end up printing more money and that means their money becomes worthless over time, when their money becomes worthless people in that nation who has money becomes less rich and people who do not have any money become incredibly more poor. There is really no way that nations can get away with it, so you have to sell as much as you buy if you want to be a rich country.
Now nations do not bankrupt we all know that, but they end up printing more money and that means their money becomes worthless over time, when their money becomes worthless people in that nation who has money becomes less rich and people who do not have any money become incredibly more poor. There is really no way that nations can get away with it, so you have to sell as much as you buy if you want to be a rich country.
An economic recession occurs when unemployment increases, retail sales decline, and income and manufacturing contract for long periods of time.
It is predicted that economic growth can only touch 0 percent to minus 2 percent. With the conditions of economic growth
It is predicted that economic growth can only touch 0 percent to minus 2 percent. With the conditions of economic growth
Rise and fall all rely upon the government's law and rules. If the government wants, they can upset the economy by calling different nations for wars.
The government should need to maintain peace by helping different countries and satisfied their necessity with no contention. As of late, India planned to begin a battle with Pakistan, and the two nations' economies got upset.
The war between india and pakistan is typically fought over kashmir so if the plan is to fight during the epidemic these lockdowns will shrink the planet economy by three percent this year. But before they had the precise opposite idea saying that this year's economic process would be three percent.
An economic recession occurs when unemployment increases, retail sales decline, and income and manufacturing contract for long periods of time.
It is predicted that economic growth can only touch 0 percent to minus 2 percent. With the conditions of economic growth
It is predicted that economic growth can only touch 0 percent to minus 2 percent. With the conditions of economic growth
Rise and fall all rely upon the government's law and rules. If the government wants, they can upset the economy by calling different nations for wars.
The government should need to maintain peace by helping different countries and satisfied their necessity with no contention. As of late, India planned to begin a battle with Pakistan, and the two nations' economies got upset.
An economic recession occurs when unemployment increases, retail sales decline, and income and manufacturing contract for long periods of time.
It is predicted that economic growth can only touch 0 percent to minus 2 percent. With the conditions of economic growth
It is predicted that economic growth can only touch 0 percent to minus 2 percent. With the conditions of economic growth
There are many reasons for economic ups and downs. One of the causes of economic decline is famine, heavy rains, droughts and various natural calamities such as cyclones, tidal waves and fires. And at the root of economic growth are the export of goods produced in the country, development in various industries etc.
To add some more to what you just told us; Terrorism, war, and plaque caude huge decline to a country's economy. These causes to an area to have not enough food supplies, businesses, livelihoods, homes, and more thing that is necessary to one's growth. Eventually it will cause famine and will cause the state's or country's economy to decline afterwards.
The thing with War is that overall it has a bad impact for all the countries involved, but there are some people who are actually profiting from war. For example if you look at USA and the Iraq war there were many companies who profited a lot during that time. So while war was very bad for Iraq, it was actually not so bad for USA in economic terms.
The economy at the moment depends fully on the corona pandemic in my opinion. If we can contain it this year or not will decide if the economies go up or down next year.
The most basic cause of the economic slowdown is still the cash flow being blocked and everything becomes sluggish.
A healthy economy will have a lot of money flowing through it.
Central banks of countries lower lending rates, stimulate loans and money, or pump money into the economy.
Business owners put money into their businesses and hire a lot of people to create jobs.
Consumers spend a lot of money on products and services.
The Central Bank pumps and stimulates the market with large cash flows.
But when the money is obscured, or there is little money in the market, it will lead to a recession.
The last pandemic indirectly obscured the cash flow and prevented them from flowing into the market, causing everything to stall.
A healthy economy will have a lot of money flowing through it.
Central banks of countries lower lending rates, stimulate loans and money, or pump money into the economy.
Business owners put money into their businesses and hire a lot of people to create jobs.
Consumers spend a lot of money on products and services.
The Central Bank pumps and stimulates the market with large cash flows.
But when the money is obscured, or there is little money in the market, it will lead to a recession.
The last pandemic indirectly obscured the cash flow and prevented them from flowing into the market, causing everything to stall.
There are many reasons for economic ups and downs. One of the causes of economic decline is famine, heavy rains, droughts and various natural calamities such as cyclones, tidal waves and fires. And at the root of economic growth are the export of goods produced in the country, development in various industries etc.
To add some more to what you just told us; Terrorism, war, and plaque caude huge decline to a country's economy. These causes to an area to have not enough food supplies, businesses, livelihoods, homes, and more thing that is necessary to one's growth. Eventually it will cause famine and will cause the state's or country's economy to decline afterwards.
There is a lot of impact on the economy rises and one of these are the:
1. Import
2. Export
Also, we experience this recently on the fiat currency there are a lot of economic GDP falls down because of this pandemic the shortage of the supply comes down and also the transactions from different places temporary close or prevented due to this pandemic to become safe all of the people.
Also, there is an impact too how does the government manage all of the people and the whole community and country if they did not manage this properly for sure there are a lot of shortage could possible happen, also the supply of the foods, and another kind of paraphernalia and sanitizing equipment. AFAIK there are rules applied that only limited to three (3) items only per buyer in malls.
1. Import
2. Export
Also, we experience this recently on the fiat currency there are a lot of economic GDP falls down because of this pandemic the shortage of the supply comes down and also the transactions from different places temporary close or prevented due to this pandemic to become safe all of the people.
Some countries economy are constant and some economy rise and fall, from my understanding I suggest that is because of the government, and population of the country. What is your suggestion
Both population and government make the economy rise and fall, the leadership of the government will decide their economic status and if their population is following all of the rules of the country. The relationship of the country to other country is also good for having a good economy, if your country is globalized then for sure your economy is high as well because of so many good transactions to other countries, good export and import are needed to gain strong globalization which result of a good economy. Also, there is an impact too how does the government manage all of the people and the whole community and country if they did not manage this properly for sure there are a lot of shortage could possible happen, also the supply of the foods, and another kind of paraphernalia and sanitizing equipment. AFAIK there are rules applied that only limited to three (3) items only per buyer in malls.
Some countries economy are constant and some economy rise and fall, from my understanding I suggest that is because of the government, and population of the country. What is your suggestion
Both population and government make the economy rise and fall, the leadership of the government will decide their economic status and if their population is following all of the rules of the country. The relationship of the country to other country is also good for having a good economy, if your country is globalized then for sure your economy is high as well because of so many good transactions to other countries, good export and import are needed to gain strong globalization which result of a good economy. 1) Bad environment
But who is responsible for that bad environment? I agree that people are responsible like you said but the government has to make policies such that the environment cannot be deteriorated further and what damage has been done must be regained slowly.The best point you made is actually bad leaders because a bad leader is like the root of the tree having a parasite and now no matter how much water is given to the tree the roots are always going to be weak. Similarly the worst leader people pick for themselves the more harm he will do to the economy.
I heard one wise statement from someone: A un-educated leader will only cost short term losses but an educated leader who has the wrong motive might burn the whole country so the government and the leader should have the right mindset at the very least.
It's all up to the government. If they want they can decimate the economy.
Here in my country government regularly increment the costs, as of late they increment the petroleum cost which is very upset, low standard families.
Those who are paying low salaries are unable to uphold their families due to the high cost of items and foods.
There's nothing wrong with us it's all up to the government and he should take care of their peoples.
Yeah, it's obvious that resources of a country is were each of the country economy originated and if not properly handled by the management of the country,automatically the economy of such country will fall totally, so looking at the falling of countries economy from another perspective it seems that its caused by Lack's of diversifying resources or economy.
Yeah, it's clear that massive disease in a country can cause stability or downfall of economy such as corona virus and other numerous disease's.
What about the technology factor, have you forgotten that countries with technology will grow faster? perhaps technology is also the cause of economic growth or decline. If the government and society do not have technology in their country. I am sure the country will continue to be underdeveloped.
1) Bad environment
But who is responsible for that bad environment? I agree that people are responsible like you said but the government has to make policies such that the environment cannot be deteriorated further and what damage has been done must be regained slowly.The best point you made is actually bad leaders because a bad leader is like the root of the tree having a parasite and now no matter how much water is given to the tree the roots are always going to be weak. Similarly the worst leader people pick for themselves the more harm he will do to the economy.
I heard one wise statement from someone: A un-educated leader will only cost short term losses but an educated leader who has the wrong motive might burn the whole country so the government and the leader should have the right mindset at the very least.
There are many reasons for economic ups and downs. One of the causes of economic decline is famine, heavy rains, droughts and various natural calamities such as cyclones, tidal waves and fires. And at the root of economic growth are the export of goods produced in the country, development in various industries etc.
There can be many reason like the political reason and sanctions. But, the main reason for any economy in any country to rise or fall is the people. Even if a very bad fundamental news happens or governments doing something wrong, in the last place these are people chose to buy or sell stuff or how the react to the prices. But what is the reason of the people reaction? The reason is deep inside the educational system. If they really get educated in school and get familiar with economy, they will understand what is good or bad for the economy of their counter. So if you ask me, I would say education is the main and most important reason. But unfortunately, many countries,even developed countries won't pay attention about this important factor in schools.
Some countries economy are constant and some economy rise and fall, from my understanding I suggest that is because of government,and population of the country. What is your suggestion
Yes, I agree with your thoughts. But I want to add one more thing that the economy can also be affected by nature. For example, in Dubai, it is a very small country and a very small population, but it owns one of the largest oil fields in the world. Since then, Dubai has become very rich. otherwise, it is due to natural disasters or epidemics and need not for example, you also understand how big its impact is.I do agree with the both of you and I just want to add that not do government policies affect the economy but also the people that constitute the government. If there are right people to lead a country, it helps to boost their economy by the enforcements they make.
Secondly, pandemic such as the Corona Virus which is currently in the world and the Ebola Outbreak that happened in Africa years ago can also crumble the economy of a country if not properly managed.
Thirdly, the natural resources of a country, if properly utilized by the government, can help boost the economy of such country.
Yeah, it's obvious that resources of a country is were each of the country economy originated and if not properly handled by the management of the country,automatically the economy of such country will fall totally, so looking at the falling of countries economy from another perspective it seems that its caused by Lack's of diversifying resources or economy.
Yeah, it's clear that massive disease in a country can cause stability or downfall of economy such as corona virus and other numerous disease's.
What about the technology factor, have you forgotten that countries with technology will grow faster? perhaps technology is also the cause of economic growth or decline. If the government and society do not have technology in their country. I am sure the country will continue to be underdeveloped.
Some countries economy are constant and some economy rise and fall, from my understanding I suggest that is because of government,and population of the country. What is your suggestion
Yes, I agree with your thoughts. But I want to add one more thing that the economy can also be affected by nature. For example, in Dubai, it is a very small country and a very small population, but it owns one of the largest oil fields in the world. Since then, Dubai has become very rich. otherwise, it is due to natural disasters or epidemics and need not for example, you also understand how big its impact is.I do agree with the both of you and I just want to add that not do government policies affect the economy but also the people that constitute the government. If there are right people to lead a country, it helps to boost their economy by the enforcements they make.
Secondly, pandemic such as the Corona Virus which is currently in the world and the Ebola Outbreak that happened in Africa years ago can also crumble the economy of a country if not properly managed.
Thirdly, the natural resources of a country, if properly utilized by the government, can help boost the economy of such country.
Yeah, it's obvious that resources of a country is were each of the country economy originated and if not properly handled by the management of the country,automatically the economy of such country will fall totally, so looking at the falling of countries economy from another perspective it seems that its caused by Lack's of diversifying resources or economy.
Yeah, it's clear that massive disease in a country can cause stability or downfall of economy such as corona virus and other numerous disease's.
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