Post
Topic
Board Economics
Re: The impact of war on global economy.
by
JMBitcointernational
on 26/11/2023, 22:18:29 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?
War has actuallly caused more harm that Good In every Nation that has experienced It ,the impact is So crucial such that It can reduce the economic activities of a country as well a as cause deflation or inflation which can result to economic crisis . War as the name implies had remained a unique threat to every country because It affects them demographically as a result death.

Generally , no country wants war or conflicts itespective of How strong they are because it can cause The following
1.reduction in population
2.loss of property
3.economic crisis
4.inflation
5.increase in death rates  And So many others .
Therefore , Its quite Advisable To avoid war rather than To accept It because Its impacts can be harmful than helpful.