Bank Runs
-
Bank Run: Understanding The Causes, Consequences, and Impact on the Financial System
Introduction Bank run are a critical phenomenon in the world of finance, posing significant threats to individual banks, the financial system, and the overall economy. A bank run occurs when a large number of customers lose confidence in the financial stability of a bank and withdraw their deposits en masse. This article will provide a comprehensive understanding of bank runs, their consequences, and their impact on the financial system and the economy. We will also discuss the factors that contribute to the occurrence of bank runs and the measures that…
