Question

Which of these is the most likely outcome of a financial crisis?

A.More bankruptcies
B.Fewer foreclosures
C.Lower unemployment
D.Greater company profits

Please state your reason WHY its correct or you will be reported!

Answer 1

more bankruptcies because if there is a crisis people are losing a lot of money and are more than likely filling for bankruptcies.

Answer 2

The correct answer and the lett er A. More bankruptcies

Step-by-step explanation:

A financial crisis has resulted in the falling profitability of companies. This is because the revenues expected by entrepreneurs do not come true. In this way, a strong financial crisis can bring down corporate profits, resulting in the loss and therefore bankruptcy of these companies. In addition, unemployment increases, increasing the bankruptcy of individuals.