Market failure in the financial sector 0.0 / 5 ? EconomicsThe financial sectorA2/A-levelEdexcel Created by: mariavrCreated on: 30-03-19 18:38 82367451 Across 1. Occur when the individual or firm does not pay for the full costs of their actions (13) 8. The act of trading that has a significant risk of losing most or all the initial outlay, in expectation of a substantial gain from fluctuations in the market (11) Down 2. Refers to the state of confidence or pessimism held by consumers and businesses (6, 7) 3. Refers to the risk of a breakdown of an entire financial system rather than simply the failure of individuals parts within the system (8, 4) 4. Refers to how individual decisions are influenced by group behaviour (7) 5. Any situation in which one person makes the decision about how much risk to take, while someone else bears the cost if things go badly (5, 6) 6. Occurs when individuals or businesses deliberately inflate or deflate prices in order to gain profits (6, 7) 7. Occurs when the price of an asset appreciates very quickly in the short them and, in the long term, the "bubble bursts" (6, 6)
The market mechanism, market failure and government intervention in markets 3.0 / 5 based on 1 rating
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