Economic hardship resulting from a financial crises includes ________.
A)increased crime
B)ethnic violence
C)currency appreciation
D)high unemployment

Question

Quizplus · Accepted Answer

Economic hardship resulting from a financial crisis often leads to high unemployment as companies struggle to stay afloat and may have to downsize or close altogether. While increased crime and ethnic violence can sometimes result from economic hardship, they are not guaranteed outcomes of a financial crisis. Currency appreciation, on the other hand, would not contribute to economic hardship but rather would make imports cheaper and exports more expensive, potentially boosting the economy.

Economic Hardship Resulting from a Financial Crises Includes ________