Average People |
Banks |
World-Wide Market |
-Lose jobs -Difficult to budget -Lose house -Can't access their money in a bank -Lose trust in the banks -Blame the government |
-Run out of money on reserve -Don't get money back from people with mortgages & loans -Go under because they run out of money |
-Markets get slow - can't borrow money from each other -U.S. puts tariffs on other countries - countries do the same thing to the U.S. blocking trade. -U.S. stays on the Gold Standard causes difficulty for money to flow from country to country. |
Average People |
Banks |
World-Wide Market |