👉 A shortfall is a loss or deficit that occurs due to a reduction in revenue or an increase in expenses. Shortfalls are often encountered during periods of economic downturns, where businesses may not be able to cover their costs and end up with negative cash flows. In this context, the term "shortfalls" refers to situations where there is a lack of money available for spending or generating income, which can lead to financial difficulties for businesses. Shortfalls can occur due to various factors such as reduced
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What is the definition of Shortfall? 🙋
👉 In economics, the term "shortfall" refers to a situation where an individual or organization has more resources than they need to meet their needs. The shortfall can be due to various reasons such as external factors (such as market conditions) or internal factors (such as lack of investment in resources). In some cases, the shortfall may lead to economic instability and potential for further financial losses if not addressed promptly.
