Economic Instability Flashcards
1
Q
key aspects of econ instability
A
- Globalisation
- Capitalism’s Boom and Bust cycle
- role of key global actors as stabilisers
2
Q
Definition of econ instability
A
when a state is unable to regulate or control economic activity within their borders, as well as the flux of markets and its effect on domestic living standards, employment and economic security
3
Q
A
