Post
Topic
Board Economics
Re: The impact of war on global economy.
by
StreakW
on 05/06/2024, 13:02:57 UTC
Normally war is a bad thing and it affects all aspect of man's life and that of their nation why because when there is war there is also economy crisis and it surely also affects the areas of your highlights. When there is war the neighboring country's enjoy the benefits of selling their ammunition and their cost prices changes over time to the higher in demand of them, including every other things in the country increases tremendously. This isn't a thing to pray for and we should try all our best to prevent and avoid war from resolute within both country's as both affected country could finds it very difficult to get back their normal ways of living because it will affect almost every other thing in the country.

I agree with your opinion, the impact on the global economy can damage and affect aspects of human life. War not only drains resources and takes lives, but also disrupts economic stability at large. War can disrupt global supply chains and international trade, resulting in inflation, reduced investment, and business losses. We must avoid war by conducting effective diplomacy and making peace to minimize the impact on the global economy. No one wants war.
It is difficult to avoid war, especially if a country has abundant natural resources and the level of national defense is weak, other countries which have great power will definitely attack a country which has great natural resources. As is happening in various countries today and in history.