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GFC in Sociology Meaning

The GFC meaning in Sociology terms is "Global Financial Crisis". There are 1 related meanings of the GFC Sociology abbreviation.

GFC on Sociology Full Forms

  1. Global Financial Crisis The collapse of credit and consequent global recession that occurred in 2008 as over-extended financial institutions, especially but not exclusively banks, found their assets devalued by defaulting debtors, especially owners of houses whose property values had fallen below their mortgage values due to the bursting of the housing bubble.

Frequently Asked Questions (FAQ)

  1. What does GFC stand for Sociology?

    GFC stands for Global Financial Crisis in Sociology terms.

  2. What is the shortened form of Global Financial Crisis in Sociology?

    The short form of "Global Financial Crisis" is GFC for Sociology.

Citation

GFC in Sociology. Acronym24.com. (2020, May 24). Retrieved May 17, 2024 from https://acronym24.com/gfc-meaning-in-sociology/

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