What is the meaning of domino effect in economics?
The Domino Effect in economics is based on this particular analogy. It refers to a situation in which an economic problem in one country can spread like a contagion to similar countries and firms. It is basically a chain reaction caused by an event that was not anticipated. Lees verder »
What is an example of the domino effect?
The domino effect states that when you make a change to one behavior it will activate a chain reaction and cause a shift in related behaviors as well. For example, whenever you make your bed in the morning, you may do it again the next morning. Lees verder »
What is another word for domino effect?
In this page you can discover 9 synonyms, antonyms, idiomatic expressions, and related words for domino-effect, like: causal sequence, , ripple-effect, , knock-on, knock-on-effect, contagion effect, slippery-slope and domino theory. Lees verder »
What is the domino effect in business?
In essence, the insolvency domino effect is a chain reaction which starts when an insolvent company is unable to meet its obligations to its trading partners. In its simplest form, this is when a company is unable to settle payments with customers and suppliers, leaving them with unpaid invoices. Lees verder »
