Assignment About The Economics .

Running head: Economics Assignment
Economics Assignment
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Economics Assignment1
Introduction
The article is mainly showing the impact of the financial crisis that are being faced by
the modern world. Through the global financial crisis, most of the institutions in the form of
WTO and GATT need to identify the problems that are mainly associated with the global
financial crisis. The study will highlight the demand supply problems that are mainly
associated with global financial crisis and how the decision making system is being nurtured
by the policymakers.
Discussion
In the modern world of business, the banks and other financial institutes is playing
significant role in developing and rolling out the money into better level of resource making
abilities. In most parts of the developed nations, the corresponding banking is playing huge
role in the development of financial resources. The consequence of global financial crisis is
mainly going to increase the rate of growth of going to bank more number of times. The
global financial crisis in the year 2008, has forced the policymakers to bring policies that will
develop the overall demand of the consumers. The global financial crisis in the year 2008,
rattled the banking functions that has deeply enabled most of the country to redefine their
financial strategies.
Now most of the developed and developing nations are relying heavily on the exports
of the goods that are being produced within the geographical boundary and continuous global
financial crisis is mainly impacting heavily on the exchange rate. The devaluation of the
currency is mainly impacting the consumers demand as the money that is available within the
banks is not up to the mark of consumers to satisfy their demand (Ineteconomics.org, 2019).
Due to insignificant terms of trade, some of the developing countries face tough challenge