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Post by account_disabled on Nov 22, 2023 3:43:46 GMT
Issues discussed: Supply shock – what is it? Types of supply shocks Supply shock – examples How to protect yourself against a supply shock? Supply shock - summary Subscribe to our newsletter and receive new knowledge in the field of accounting, business and technology once a week. Only valuable information. Wpisz swój adres email * Akceptuję regulamin i zapisuję się do newslettera zawierającego informacje o produktach i usługach ifirma. Zapisz się When unexpected events take place in the world, deviations from the norm in the form of crises, certain political decisions, conflicts or breakthrough discoveries, we can encounter the so-called supply shock . If you haven't heard of this concept before, read the philippines photo editor article below! Supply shock – what is it? As the name suggests, a supply shock is a situation in which there is a sharp change in the supply of goods and services in a country's economy, causing price fluctuations. The causes of this phenomenon are most often unforeseen events of the country. Types of supply shocks Depending on what led to the supply shock, we can distinguish positive and negative supply shocks. A positive supply shock We can talk about a positive supply shock if, as a result of a given event, the production of goods increases, which increases their availability on the market. Factors that cause it include: Decrease in prices of raw materials, e.g. copper or crude oil due to their use in industry.
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