27 January 2009 16:00
How to Survive a Bad Economy
One of the alarm signals of a bad economy is a high unemployment rate. The unemployment rate of a nation is used to gauge its development. Thus, when the unemployment rate of a nation is high, the international perception for that particular nation becomes greatly affected, causing investors to stay away. Naturally, when there are few investors banking on a nation, that nation will suffer from a financial crisis, resulting in a bad economy. Other factors that can damage a nation’s economy include high inflation rates, volatile markets, terrorist attacks, threats of civil or world war, and many others.
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