Post
Topic
Board Economics
Re: The impact of war on global economy.
by
macson
on 11/11/2023, 19:39:52 UTC
1. Increase in the national GDP is least likely to be caused by a war.
2. Oil is considered the most crucial resource in modern warfare.
3. War affects the stock market by causing a decline in stock prices.

What do you guys think? Is this true or false?
everything you say is true, the effects of war are very bad for the economy, and if we look at the past, in fact the severe effects of war are not much different from the effects of the previous Covid 19 pandemic, purchasing power decreases, and economic uncertainty increases but it is different from a pandemic yesterday, if in yesterday's pandemic shares of health products increased during the war, it is likely that shares of basic material products such as oil, vehicles and weapons would increase drastically, this is all because of delays in supply and also increased demand.  War will always have bad effects on the economy and also the psychology of many people.