Why doesn't it get a chance to recover the next morning?
But my question is basically what happens with in the country.
2006-12-19 13:04:51 · 5 answers · asked by Anonymous in Politics & Government ➔ Politics
It depends.
In the USA, we have regulations so the crashes don't bring down the economy (like it did in 1929).
In other countries, it will throw the country into a depression, and perhaps plunge the country into civil war.
2006-12-19 13:08:22 · answer #1 · answered by geek49203 6 · 0⤊ 0⤋
Well it may results in increase in unemployment. Basically stockmarket is a good inflow way of increasing country's revenue, basically an encouragement for foreign invester to place their money abroad. Where as we are responsible to finance for them to gain profit.
With crashes in stock market it shows that the stock holders had either retreat from the stock exchange or either fail in trading due to negative earning made my the big boss, that is the big corporation. Therefore, a big push to negativity in the country's balance of payment.
2006-12-19 21:13:06 · answer #2 · answered by maggotier 4 · 0⤊ 0⤋
See 1929 and the aftermath of the black Friday. It took years to recover.
2006-12-19 21:07:21 · answer #3 · answered by Chainsaw 6 · 0⤊ 0⤋
its bad, didn't u ever hear of the great depression? of course now adays they've made it so that it would be hard for it to crash, and if it did it wouldn't be as catastrophic, and its not like its a computer, its doesn't just reboot. when it happened in america, everyone lost all their money and became really, poor, alot of people commited suicide
2006-12-19 21:07:53 · answer #4 · answered by whoops :) 5 · 0⤊ 0⤋
a depression usually.
People think all their money is gone.
Some people even commit suicide
Most of the country starves
and anyone involved in the stock exchange loses everything.
2006-12-19 21:07:48 · answer #5 · answered by Anonymous · 0⤊ 0⤋