This expanding panic and rising flood of withdrawals is called Bank Run.
<u>Explanation: </u>
Bank run means many customers of the bank withdraw their deposits due to the fear that the bank might become insolvent. When many customers withdraw their funds then the bank might not be able to meet the withdrawals with the available funds.
This further increases the risk of the bank to default when all the customers withdraw their deposits. This is because the banks hold only little amount as cash in hand while the rest of the bank's wealth is invested in long term assets.
Answer:
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Answer: strikebreakers.
Explanation:
Strikebreakers are the people who are employed by an organization in place of the employees who are on strike. Strikebreakers make the strike ineffectual as they perform the work of the employees who have gone on strike.
Strikebreaker work even though there's ongoing strike. Strikebreakers are usually not employed by the firm before the trade union dispute, but are employed during or after the strike to keep the organization running.
