Question

Which of these is the most likely outcome of a financial crisis?

Answer 1

Answer:

The correct answer and the lett er A. More bankruptcies

Explanation:

A financial crisis has resulted in the falling profitability of companies. This is because the revenues expected by entrepreneurs do not come true. In this way, a strong financial crisis can bring down corporate profits, resulting in the loss and therefore bankruptcy of these companies. In addition, unemployment increases, increasing the bankruptcy of individuals.

Answer 2

More bankruptcies because if there is a crisis people are losing a lot of money and are more than likely filling for bankruptcies.