Financial Frameworks are the strategies, procedures, regulations and basic orders within your organization that are used to ensure that your business takes care of its money. This means that through the framework, you can track the movement of your money: your assets, your income, your cash flow, your expenses - all of these, and since your structure is an organized system, you will have no difficulty in tracking. A Financial Crisis is a wide variety of situations in which some financial assets suddenly lose a large portion of their value. Most of the financial crises of the 19th and early 20th centuries were related to the banking tragedy and recession. Other situations include financial bubbles, stock market crashes, currency crises, and sovereign debt repayments. Many economists have presented theories on how financial crises develop and how to prevent such crises. However, there is no consensus on this, and the financial crisis continues from time to time.

Prachi Garg

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