ECONOMICS
ECONOMIC GROWTH
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Asset Bubble
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Housing Bubble
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Commodity Bubble
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Stock Market Bubble
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Detailed explanation-1: -An asset bubble occurs when the price of an asset, such as stocks, bonds, real estate, or commodities, rises at a rapid pace without underlying fundamentals to justify the price spike.
Detailed explanation-2: -While asset bubbles provided the collateral for the growing borrowing necessary to keep an economic expansion going in the neoliberal version of capitalism, the restructured financial sector provided the loans to make it possible for people to spend their growing asset wealth without having to sell the asset.
Detailed explanation-3: -Tulip mania (1637) South Sea (1720) The Great Crash (1929) Japan (1989) DotCom (2000) U.S. Housing (2007) Bitcoin (2021) 26-Feb-2023
Detailed explanation-4: -Tulip mania (Dutch) (1634–1637) Comic book speculation bubble (1985-1993) Silver Thursday 1980. Uranium bubble of 2007. Cryptocurrency bubble (2016–2017, 2021–)