Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

Economic systems can be made unstable by big changes in regulation or market forces which are hard to adapt to.

Examples

  • The Soviet Union was destabilized when the Soviet government attempted to introduce market based reforms. It destablized the entire economy and society causing the collapse of the economy and the state.

  • The Covid epidemic was a large changes applied to the global economy which is still affecting us today with high inflation.