AP BIOLOGY

Detailed explanation-1: -Economic instability is defined as a stage in which the economy is going through a recession or an unhealthy expansion associated with an increase in the price level. Causes of economic instability include fluctuations in the stock market, changes in the interest rate, fall in home prices, and black swan events.

Detailed explanation-2: -Economic instability can have a number of negative effects on the overall welfare of people and nations by creating an environment in which economic assets lose value and investment is hindered or stopped. This can lead to unemployment, economic recession, or in extreme cases, a societal collapse.