Economics B A-Level
Collapse of lending to businesses
What Collapse of lending to businesses means in Economics B A-Level, as defined for Pearson Edexcel.
Definition of Collapse of lending to businesses
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Reference: Pearson Edexcel
A severe credit crunch in which firms could not finance their daily operations, triggering a deep global recession.
Topics that use Collapse of lending to businesses
- The Global Financial Crisis (Pearson Edexcel A-Level)
Related terms
- Consumer protection
- Financial stability
- Moral hazard
- Speculation and market bubbles
- Stress tests
- Sub-prime mortgages
Using Collapse of lending to businesses in the exam
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