{"id":9245,"date":"2022-12-12T15:59:20","date_gmt":"2022-12-12T14:59:20","guid":{"rendered":"https:\/\/www.difference101.com\/?p=9245"},"modified":"2023-04-22T02:45:15","modified_gmt":"2023-04-22T00:45:15","slug":"financial-crisis-vs-economic-crisis","status":"publish","type":"post","link":"https:\/\/www.difference101.com\/financial-crisis-vs-economic-crisis\/","title":{"rendered":"Financial Crisis vs. Economic Crisis: What\u2019s The Difference Between Financial Crisis And Economic Crisis?"},"content":{"rendered":"\n

Financial Crisis vs. Economic Crisis:<\/strong> a crisis in every country is its downturn which often negatively affects the economy’s performance. The financial and economic crises are two economic terms with adverse status of developing economies. The main difference between a financial crisis and economic crisis is that a financial crisis occurs due to the drop in the values of financial assets, while an economic crisis is an overall slump in the economy.<\/p>\n\n\n\n

Let\u2019s take a closer look at Economic vs. Financial Crisis<\/strong><\/p>\n\n\n\n

Refer To<\/strong><\/td>Both of these terms refer to the poor economic situation of a country<\/td><\/tr>
Result In<\/strong><\/td>Both result in unemployment due to the loss of firms<\/td><\/tr>
Overcome<\/strong><\/td>Financial crisis are more difficult to overcome<\/td><\/tr>
Effect<\/strong><\/td>Both have a negative effect on the entire economy<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n
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Table of Contents<\/p>\n