Global Economic Crisis and Its Implications for the Education Sector
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Date
2016-11-16
Authors
Olusakin, A.M
Journal Title
Journal ISSN
Volume Title
Publisher
2nd International Conference of College of Technical Education, Yaba College of Technology
Abstract
Global Economic Crisis is a worldwide period of financial crisis experienced by markets and consumers. Difficult business environment to succeed is one of the major outcomes of financial crisis. This is because potential consumers tend to reduce their purchases of goods and services until the economic situation improves. Crisis period is a time of intense difficulty or danger. In an economy therefore, a crisis can be described as that period of dismal economic performance. It is a critical event or point of decision which, if not handled in an appropriate and timely, may turn into a disaster.
Description
Keywords
Global , Economic , Crisis , Implicatons , Education Sector , Research Subject Categories::HUMANITIES and RELIGION
Citation
Olusakin A. M (2016). Global Economic Crisis and Its Implications for the Education Sector, Lead Paper Presented at the 2nd International Conference of College of Technical Education, Yaba College of Technology, Lagos on the 16th of November.