Economic crises

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Over the entire history of modern mankind, global economic crises have occurred on the planet more than 2 dozen times – negative phenomena in the political, financial, banking, and social spheres, leading to

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In particular, this turned out to be the global economic crisis of 1929, when the value of stocks fell overnight, business activity decreased, which entailed consequences in the form of unemployment, bankruptcy of financial and manufacturing companies, inflation, and the collapse of the agricultural system.

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Comparable in scale to the "Great Depression" is called the global economic crisis of 2008, when for the first time in the history of modern mankind, such an indicator as GDP showed negative dynamics.

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The internal and external causes of the global economic crisis do not develop immediately, but accumulate, putting the state into a state of depression, recession, and destabilization.

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Of course, the phenomena under consideration could not pass without result. Anti-crisis measures aimed at economic recovery made it possible to gradually solve the accumulated problems and stabilize the situation on the market.

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The causes of crisis phenomena listed above are recognized as a consequence of economic development. Experts are sure that where stability is observed, an imbalance necessarily appears.

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What should organizations and states do in general if the crisis cannot be avoided? It is important to understand and rethink its terms.

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The listed conditions, parameters and causes of the imbalance can be traced throughout all stages of human development.

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So, there are several reasons for the imbalance. Their variety and orientation allows us to distinguish the following types of economic crises

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Any of these types of economic crisis occurs after an imbalance, that is, a balance between consumer demand and production.

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In order to stabilize the situation in the country, it is necessary to choose short-term or long-term ways to overcome the global financial crises, which include the following measures