Post
Topic
Board Economics
Re: The impact of war on global economy.
by
rhodelmabanal
on 14/05/2024, 02:27:32 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 a big effect but it depends on what country are involved, if the country who is involved is the number one source of fuel the it is possible that the effect on it to the country who imported a fuel to them is very big, all goods or daily needs products will rise because fuel is very important specially in transportation goods from one place to another,so even if there are only two countries involved every country around them will be affected.