The Economic Crisis – Meanings and Significations
The crisis can be defined as a period in the dynamics of a system, and it is described as a multitude of difficulties, as a conflict or tensions, fact that makes difficult its normal work or functioning and this can lead to powerful pressures towards changing, and „The crisis period represents the s...
Main Authors: | , |
---|---|
Format: | Article |
Language: | English |
Published: |
Dunarea de Jos University of Galati
2012-11-01
|
Series: | Risk in Contemporary Economy |
Subjects: | |
Online Access: | http://www.rce.feaa.ugal.ro/sites/default/files/CazanCucos.pdf |
_version_ | 1818790878211211264 |
---|---|
author | Doinita CAZAN ZAFIU Alina Florentina CUCOS SARACU |
author_facet | Doinita CAZAN ZAFIU Alina Florentina CUCOS SARACU |
author_sort | Doinita CAZAN ZAFIU |
collection | DOAJ |
description | The crisis can be defined as a period in the dynamics of a system, and it is described as a multitude of difficulties, as a conflict or tensions, fact that makes difficult its normal work or functioning and this can lead to powerful pressures towards changing, and „The crisis period represents the stage in which the changes within the system are determined by the actions of a system”. During the period of crisis, the threats changes into dangers which are at the basis of defining the insecure state of any system. The economic crisis represents a situation in which the economy of a country passes through a sudden decrease of its force, decrease usually brought about by a financial crisis. The economic crisis may have the shape of a stagflation, of a recession or of an economic depression. |
first_indexed | 2024-12-18T15:02:27Z |
format | Article |
id | doaj.art-cf7a0f57c11d4d33accb7940022355de |
institution | Directory Open Access Journal |
issn | 2067-0532 |
language | English |
last_indexed | 2024-12-18T15:02:27Z |
publishDate | 2012-11-01 |
publisher | Dunarea de Jos University of Galati |
record_format | Article |
series | Risk in Contemporary Economy |
spelling | doaj.art-cf7a0f57c11d4d33accb7940022355de2022-12-21T21:03:51ZengDunarea de Jos University of GalatiRisk in Contemporary Economy2067-05322012-11-011111114The Economic Crisis – Meanings and SignificationsDoinita CAZAN ZAFIUAlina Florentina CUCOS SARACUThe crisis can be defined as a period in the dynamics of a system, and it is described as a multitude of difficulties, as a conflict or tensions, fact that makes difficult its normal work or functioning and this can lead to powerful pressures towards changing, and „The crisis period represents the stage in which the changes within the system are determined by the actions of a system”. During the period of crisis, the threats changes into dangers which are at the basis of defining the insecure state of any system. The economic crisis represents a situation in which the economy of a country passes through a sudden decrease of its force, decrease usually brought about by a financial crisis. The economic crisis may have the shape of a stagflation, of a recession or of an economic depression.http://www.rce.feaa.ugal.ro/sites/default/files/CazanCucos.pdfeconomic crisisfinancial crisis |
spellingShingle | Doinita CAZAN ZAFIU Alina Florentina CUCOS SARACU The Economic Crisis – Meanings and Significations Risk in Contemporary Economy economic crisis financial crisis |
title | The Economic Crisis – Meanings and Significations |
title_full | The Economic Crisis – Meanings and Significations |
title_fullStr | The Economic Crisis – Meanings and Significations |
title_full_unstemmed | The Economic Crisis – Meanings and Significations |
title_short | The Economic Crisis – Meanings and Significations |
title_sort | economic crisis meanings and significations |
topic | economic crisis financial crisis |
url | http://www.rce.feaa.ugal.ro/sites/default/files/CazanCucos.pdf |
work_keys_str_mv | AT doinitacazanzafiu theeconomiccrisismeaningsandsignifications AT alinaflorentinacucossaracu theeconomiccrisismeaningsandsignifications AT doinitacazanzafiu economiccrisismeaningsandsignifications AT alinaflorentinacucossaracu economiccrisismeaningsandsignifications |