👉 In economics and finance, a backfall is an event or situation that causes a significant decline in the value of a financial instrument or asset. Backfalls are often associated with economic downturns, stock market crashes, or other financial crises such as the Great Depression or the 2008 financial crisis.
Backfalls can have numerous impacts on investors and businesses, including:
1.
Losses from declines in stock prices
: When the value of a financial instrument falls due to a backfall,
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