Effect of threat of war on economy

Effect of threat of war on economy

From old times, many people or many countries were threatened by enemies. When they were threatened, they prepared something for an economic situation such as raising fund or storing resources. Nowadays, threat of war causes many economic fluctuations. For example, threat of war will cause exchange fluctuations, inflation, and runaway debt. There are many bad effects on economic. The South Korea always was threatened by the North Korea. I experienced to change economic fluctuation. Every threat of war from North Korea, South Korea’s economy was influenced by threat. Therefore, this essay will be basically talking about effects of the threat of war.

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