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IgorLugansk [536]
3 years ago
11

Which statement best explains financial crises in the global economy?

History
2 answers:
lilavasa [31]3 years ago
4 0

Which statement best explains financial crises in the global economy?

"A financial crisis in one country can quickly spread to other countries."

A financial crisis in the global economy refers to breaking trust between banks and deep stress in global financial markets. For example, a downturn that starts in the United States will soon spread to the rest of the world, through linkages in the global

financial system. So many banks around the world will have significant losses and will depend on their government that supports them to avoid bankruptcy.

Arlecino [84]3 years ago
4 0

A financial crisis in one country can quickly spread to other countries.

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Georgia experienced tremendous growth in its enslaved population after 1793. What led to this population growth?
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> The correct answer to your query would be the First Answer Choice.

> AKA The invention of Cotton Gin.

Explanation:

> Slaves we’re no less expensive during 1793 than any other time, making that answer choice incorrect.

> Land Distribution had no change that year, and had actually decreased during the last 3 years in that period, so we can rule that out as well.

> There was no governmental corruption that occurred in that year in the U.S.A., so this answer is obsolete as well.

> By ruling these out we can find that the correct option is A, or The invention of Cotton Gin. This is not all that supports this however. One supporting fact is that Cotton Gin was invented that year, and had a mass production rate in Georgia.

> In 1793, enslavement was hugely popular (They weren’t freed until approximately 100 years later), and much needed for the type of work as Cotton Gin. This resulted in the amount of them rising in Georgia as the need for them skyrocketed as well.

> I hope this helps, and answers any other questions you may have on the subject. #LearningWithBrainly

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