Post
Topic
Board Economics
Re: Going to war means let's ulter the economic progression
by
evader11
on 24/04/2023, 17:10:59 UTC
I hope that the two countries, Russia vs. Ukraine, will soon end their conflict for world conditions that continue to improve today and for future generations.
almost all countries have felt the effects of the war between the two countries which caused many industries not to operate because they were vulnerable to poor security conditions, so that many people did not work and did not earn money. I think the longer the war lasts, the more difficult it is for the world economy to develop.
Prolonged hostilities between countries can harm not just the two countries immediately involved, but also the global economy and the well-being of individuals all across the world. War's economic consequences can be far-reaching. Industries may suffer as a result of supply chain interruptions, trade restrictions, destroyed infrastructure, and decreased investor confidence. Poor security conditions, as you indicated, can also prevent individuals from working and earning a living, leading to economic instability and poverty. Furthermore, resources that could have been used for economic development and social welfare may be redirected instead to military spending and post-war reconstruction.