Contagion

Contagion,

Definition of Contagion:

  1. Contagions are typically associated with the diffusion of economic crises throughout a market, asset class, or geographic region; technically, it could also refer to the diffusion of economic booms. Contagions occur both globally and domestically, but they have become more prominent phenomena as the global economy has grown and economies within certain geographic regions have become more correlated with one another. Many academics and analysts see contagions as being primarily symptomatic of global market interdependence.

  2. A psychological spreading of certain thoughts or actions among groups or individuals, similar to the spreading of a virus or illness, that are brought about via rumors or suggestions.

  3. A contagion is the spread of an economic crisis from one market or region to another and can occur at both a domestic or international level.

How to use Contagion in a sentence?

  1. A contagion is the spread of an economic crisis from one market or region to another and can occur at both a domestic or international level.
  2. Many academics and analysts see contagions as being primarily symptomatic of global market interdependence.
  3. Usually associated with financial crises, contagions can be manifested as negative externalities diffused from one crashing market to another.

Meaning of Contagion & Contagion Definition