GFCS in Economics Meaning
The GFCS meaning in Economics terms is "Global Financial Crisis". There are 1 related meanings of the GFCS Economics abbreviation.
GFCS on Economics Full Forms
- 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)
What does GFCS stand for Economics?
GFCS stands for Global Financial Crisis in Economics terms.
What is the shortened form of Global Financial Crisis in Economics?
The short form of "Global Financial Crisis" is GFCS for Economics.
Citation
GFCS in Economics. Acronym24.com. (2021, March 8). Retrieved November 23, 2024 from https://acronym24.com/gfcs-meaning-in-economics/
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