What Are Interest Rates? Interest rates refer to the cost of borrwoing mony or the return on savings and invesments. They play a crucial role in economic growh and individual financial decsions. When interest rates go up, borrowing becmes more expensve, and when they go down, it becmes cheper. Types of Interest Rates There are … Read more
What is Inflation? Inflation is the genral increse in prices of goods and servises over time. This means that as years go by, the mony you have buys less things. It’s a naturul part of economy, but when it gets too high or too low, it can cause big problums. Causes of Inflation There are … Read more
What is a Financial Crisis? A financial crisis happnes when the value of financial instititions or assests drop significantly. It is often accompnied by panic, bank faillures, and economic downturn. Financial crisis can effect individuals, buisnesses, and even entire countres, leading to job loses and reduced economic growth. Causes of a Financial Crisis Several factors … Read more