6.6 - Sustainability in the Financial Services Sector Flashcards by Conor Horgan | Brainscape

Q

Impact of a major failure of the financial system on society:

A

Customers of banks would be unable to make payments
Businesses would be unable to pay salaries or buy raw materials so rise in unemployment
Slump in stock market prices
Borrowers would be unsure about impact on their debts

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