how will you define economic crisis?

Philippines
April 6, 2007 10:03am CST
for me,the increase numbers of poverty,jobless,uneducated and criminals would define economic crisis.what about yours?
1 response
• India
6 Apr 07
Hey dear u are right increasing in poverty, jobless persons, uneducated & criminals are all increasing Economical crisis in direct or indirect way. These makes per capita income or national income to fall in one or the other way but realising this that economic crisis is going on not make any solution because as soon as these things will grow up our economy will go down definetly & the main reason behind this economic crisis is Corruption. So, for making the economy to free from crisis like these we have to take some neccessary steps to remove this trapped corruption in one or the other way if u are able to achieve something of this part then we can think of removing poverty, producing more jobs, increasing the number educated people etc... So to fight with economic crisis & to make economic to grow anyone will have to take some neccessary steps in favour of it.......