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Some countries economy are constant and some economy rise and fall, from my understanding I suggest that is because of government,and population of the country. What is your suggestion

Yes, I agree with your thoughts. But I want to add one more thing that the economy can also be affected by nature. For example, in Dubai, it is a very small country and a very small population, but it owns one of the largest oil fields in the world. Since then, Dubai has become very rich. otherwise, it is due to natural disasters or epidemics and need not for example, you also understand how big its impact is.

That could be prevented if the right people are put in the right places, and things are done right.
I also think using world economics metrics to guage your success doesn't help much. In my opinion, there tend to be conflicts/confusions when strange economic systems that make no sense to people or are against good norms/culture are adopted. What matters in my opinion is that people are happy, satisfied, contented, healthy, moral, good, productive, efficient, etc... And our economic activities basically have to be good for us, the environments, animals, world etc,.
There is also these theories or rumors that some deliberately destroy economies through policies and other immoral/unethical means for selfish reasons. I never believed this in the past.
I believe proper decentralization(through decentralized tech) can solve alot of the above issues.

Yes, it's because of us, population. We're the manpower of the economy of our countries and without us, a country can't live on its own. Factors that can make an economy fall is through a crisis like this covid19 outbreak.

As we see, it made a lot of countries suffer for months and even up to now.

Yeah I agreed with you that population is manpower of a country because without population a country is empty is due work force of people that will determine the growth of a country.
In other way is not about population or size of country that causes down fall of a country, it can caused by government base on the way a country is been governor is what will contributes for a country to accelerates in economy.

Well, it depends on the performance of the economy but of course, there's a lot of factors that affect the economy. I agree with the government because they are the ones controlling most factors that affect the economy such as businesses, laws, policies, and more. If the government knows how to run the country, the economy will be in a good position but if corrupt officials will lead the economy then nothing will happen and the people's money will only go to their own pockets.

One thing I can also add is technology. We all know that we are in the fourth industrial revolution which technology is changing our way of living by making things easier and convenient with the use of technology. With the help of technology, a country or government can maximize its use to improve its economy in many possible ways because today we are mostly relying on technology and advancement. Look at the countries with advanced technology, their economy is mostly doing well while those who lack technological advances were behind.

I think the main cause of a country's economy going up and down is the country's political condition..  investment policies, foreign/domestic policies, import/export policies, tourism policies and other policies issued by the head of government in the country can affect the country's economic conditions.  to be more accurate, you can read this BOOK (https://www.routledge.com/Country-Analysis-Understanding-Economic-and-Political-Performance-1st/Currie/p/book/9780566092374)

Government and the people combined.
You cannot separate the two, it is glued with each other.

Government as a helping hand to find new jobs for the people for tax money to increase.
More tax money means more projects for infrastructure, health and resources.
That should keep on flowing until every project ends. Then, the new one should be ready.
If money keeps on flowing then it means good economy.

I agree about the downfall.

The governance sure has a big factor if the country's economy is rising and falling. And we as citizens will depend to our leaders and officials base on how they handle situations and attract investors.

What you said is reality because government have everything in a country and them have to secure employment for their citizens because no one knows a citizen that can help to build up a country economy.
Also government have to setup infrastructure that will generate revenue for the country to avoid improper flow of economy or falling of economy.

Government and population, -but countries like China where the population count is large can still boast of a good economy- so it more bad government, unproductive citizens making High chunk of the population can be a cause of the economy rise and fall. Also unforseen calamities -war, health hazards- can cause a fall in economy.

I think both the population and government has the rule to the economic status of every country. It is like the demand and supply. If the supply is limited and the demand is unlimited ,the value of a product will be great because it will increase. Same with the population that stand as a work force or manpower of the government  to produce a growth for the economy. The decline of the economy is base on any circumstances like this Covid-19 pandemic that cause a huge damage to every country which is most affected.

I tend to agree that probably it is government + population = Gross Domestic Product (GDP) results. These have a big role in economy of the country.
The aggregate demand will increase for sure if the growth of the population also increased. So technically analyzation, this might the reason for the economy rise and fall because when population increase and the productivity are low it can change the real GDP and the total income was adjusted for inflation which causes volatility, IMO.

In democratic countries, I'd say generally that's because of the failure of the people. Even if they (just for thought experiment) manage to buy ministers, a president, etc., from the best country, not necessarily the mentioned country will be prosperous.

To be more precise, lots of falls in the economy were caused by corruption, wars, and lack of risk management. Therefore, people need to check what the government is doing and be more proactive.

https://www.investopedia.com/articles/economics/08/past-recessions.asp

Bad government, I agree to that. China was able to accommodate the large number of population with smaller unemployment percentage compared to another countries. More business establishments, more employment for the citizens, means more income for the local and national government.
Most common reason for the fall of economic state of a specific country is the corruption.
Another thing would be the war, calamity, and pandemic.

Bad government is the other side of the coin when it comes to the fate of a country's economy in my opinion, the other side would be the people of the said country, the population in China is not just an employment thing, the other thing about it is the consumer base is so large, companies are vying to get their hands in Chinese soil which in turn makes tax that helps in government funding and spending. We also should consider the GDP of a country because they serve as an indicator whether they are prospering or not. War in my opinion is just an off shoot of bad government.

Conflict can destroy a country's economy very quickly This is a responsible government If the government wants this war to end it will not have any effect on the country's economy. The country's economy is generally stable and a lot of allocations are made to the country's economy by presenting a budget every year which helps to improve the economy However, if trade and commerce are shut down due to conflict in a country and an epidemic occurs then the rise and fall of the economy have taken place However, the government's GDP does not last very long.

I don't believe in the economy being Constant. There's no such thing, especially in the category ECONOMY , which has a lot of factors that are directly correlated to people and their behaviors. Imagine that there are a lot of people who don't spend their money, it's already a factor. No circulation of money anymore would happen, and it could make the economy fall. This then correlates to the population of the country. Additionally, there are foreigners as well to consider. It can get more and more complicated when adding additional parameters.

One thing is for sure is that the government has significant control over what happens in a country's economy, and what the government does will affect it, whether it rises or falls. It's too complicated, IMO.

Yeah I agreed with you that money been stagnant can cause down fall of economy because the money is not in function to bring another.
With money you can setup another infrastructure that will bring income  for society  and reduces the rate of unemployment to people.
 but a situation money is been dumped for years what is generating nothing.
Therefore government suppose allow money to circulates to people who needs it to activates growth of society and economy.

Each citizen who already has the right to vote should use his vote in the election. If someone has high ideals and are confident that s/he can make positive changes there is no harm for the millennial generation in politics, only if s/he has entered politics should not be carried away by the current corrupt and oligarchic practices that are common in politics.

We must have clear knowledge and data about what the government is doing so that we can get involved in policy formulation. Eliminate the assumption that politics is just the opposite, we must understand politics and government in order to contribute.


Whatever happens in a country, especially in large countries depends on how the government, especially the head of state, governs a country. Although the national interests are the same (the grand plan remains unchanged), different leaders differ in strategy and policy. Take for example the era of Obama and Clinton, the United States is very close to China. Unlike when Trump's era, China became an opponent, not a strategic partner.

Likewise, China under Deng Xiaoping and under Xi Jing Ping has a very different foreign policy. Under Deng, a Chinese reformer opened himself up to bring about rapid development in China. While Xi is an innovator who initiated the China Dream or the Great Revival of the Chinese Nation, to restore the glory of China, namely the one belt one road program.

Natural resources and human resources in a country can be a bonus that can be disastrous depending on the ability of the government in the state and managing all potential bonuses and potential disasters that exist in the country. Almost all countries are based on laws and constitutions in force in those countries. One of the strengths of leaders is that the decisions chosen are legally recognized and are binding on all citizens. So the leader remains a determining factor for the progress or setback of a country.

This pandemic brought recession to our country that's why the economy is consistently going down and economic activity are being stopped due to the risk of the covid-19. Population and businesses are really a big factor in helping the economy to rise. This GCQ really helps some businesses to operate and undergo a "new normal" just to make it happen.


USA, Brazil, and India are most countries that have a huge infected cases right now. US really have a hard time recovering from their economy because of the protests that are happening in their country. In India, the use of cryptocurrency are being prohibited again because they don't see it as an effective tool to recover economically because of their authority.

Probably, this pandemic will lasts longer.

If the government is not performing well and not planning all of its actions, then people will really suffer from its passiveness. Authorities should become more aware about our economy due to economic crisis that we are experiencing because it can increase our taxes that we need to pay as this pandemic is still ongoing. Although the government implemented GCQ where businesses are open, still the plan is not that safe and studied enough because of the constant increase in covid-19 cases. Probably, our economy will really have a hard time recovering because our government is not prioritizing its economy and people. They focused on other issues like, political condition and other laws that are not necessary during this pandemic. They don't think about how they can make our economy stable enough.

Governments of every country should be aware about the damages brought by this pandemic in all sectors. Business sectors are really suffering because of the prohibited operations of small and large businesses. Some businesses are losing due to the risk of getting the disease from its customers once it opens. The government should have a proper and precise plan before implementing other possible actions. New set of rules and regulations should be studied and implemented so that we can lessen the risks of getting the disease when we try to open businesses. Even those malls, clinics, offices, and etc., should follow the guidelines regarding the safety of all and to recover economically.

It really does.

Some companies have to lose their employees just to sustain their businesses and that's one big impact by this pandemic.

I hope that it will end as soon as possible. I've read some good news about this miracle pill/medicine.

Yes the population of a country can in some ways affect the economy, and that’s when there is increased famine.
Having famine can affect the economy in lots of ways I guess. As for the government, I think they also play their own part in ruining an economy. If they are not doing the right things they are meant to do the economy of that country will be falling.

The way (or one of the ways) that the government can make their economy to fall is through what is called fiscal austerity. Fiscal is the government’s budget and the word I first mentioned has to do with when government decides to cut budgets.

With something as complex as the economy it is very difficult to come to a simple answer which is why when there is an economic crisis and people want to know what it is causing there are hundreds of explanations about why it is happening, one of the simpler explanations is that this is just the way the system is designed, there is something called the boom and bust cycle, as you may guess during the boom cycle there is easy credit for anyone and plenty of jobs because of it but then after some time a bust cycle emerges as people use that easy credit for unnecessary stuff and jobs are lost and credit is more difficult to get.

A reductionist answer would be that the cause of the rise and fall of the economies comes from policies regarding how credit is given and the monetary policies of governments.

Population is also a factor of the recession that occurs and there are many other factors which of course all involve many sectors such as employment, tourist attractions and many more which of course there will always be ups and downs in the economy because such things can also occur depending on the season, so the ups and downs of the economy are something that usually happens but if it is related to the crisis that occurs because of a pandemic then of course it is something different.

You are either wrong on this or that you are not good at describing this. In easier term , Fiscal Austerity is a way for the goverment to get more money to pay their debt through some option such as raising tax or cutting down their budget on few non important things.

By doing this, the country might be hurting themselves in a longer term and their economy might keep falling until certain period of time. Increasing taxes will only bring more harm to their citizen

I would say the bribes are the biggest reason. Now you might question how could bribing change the economy so much? Well simply the rich companies bribe the powerful people and whenever those rich peoples business is not going that well you see that powerful people manage to find a way to recover it for them. So, bribes is the best way to make the companies go up and down all the time instead of just down.

If there was no bribing, if there was no bail outs, if there was no economical packages that helps big corporations we wouldn't be in this mess. Companies who do not get help would have two options, either run the company properly without too much risks and troubles or just declare bankruptcy. Since, it is not like that they just risk it all to earn as max as they can and either they succeed which is rise or they fail which is fall.

I agreed with you that bribing is the major reason why some economy are not constant.
And government is another major reason too why their is not flow of economy due to their competence in office to strategies things that will benefit masses.
I stand fully to support the motion that bribery is what brings down economy due to mismanagement.

I think it all depends on the government of the country, on the general ideology. Let's look at Norway. Stable stable growth. Or Nepal - stably bad. Well, Norway has oil. But Russia also has oil. In which country is the economic situation better?

The main reason why some of the economies are growing gradually while others are prone to volatility is 'Demography'.

If there is a huge difference between the per capita income of the richest 10% and the poorest 10% of the population then economy is more inclined to inflation. Rich will invest/spend which in turn generate more cash flow in the economy, thus per unit value of money will fall. However, this money will not reach poor segments. So poor will become poorer while rich will become richer. Such economy will rise dynamically during boom period but fall miserably during recession.

However, if the standard of living of the people in economy is at par i.e. per capital income of whole population is within short range then economy will be inflation-proofed most of the time. The spending/investment will be distributed equally among the factors of production. So any inflation could be countered by the increased incomes.

Economic growth means there is an increase in national output and national income economic growth is caused by two main factors. Economy is measured by gross domestic product. That's the dollar value of everything produced in the last year. recession include high interest rates, reduced consumer confidence, and reduced real wages.

The governments, the economy itself, and countries' economic status. And there are many other factors which can easily affect the economy, too, such as the COVID-19, the United States presidential election, etc..
In some countries, such as mine, the government controls everything, and therefore, its hard to make a big crash on the economy. However, it also blocks the country from going up rapidly.

There cannot be just one or two factors to be assumed on influencing on a country's economy; it should be uncountable. But, what I feel is policy of a government got more degree on deciding the direction of economy. If the policies are supportive to generate more jobs and more production and also allowing easy and simple procedures for businesses to be started in corruption-free way then that country's economy could be built stronger over the time. When politicians are not supportive of creating jobs then that will end up in falling down of economy.

When governments proactively set policies on encouraging its people to start new business toward more exports after fulfilling their domestic needs then they will collect more foreign exchange reserves which must be one of the prime factor on deciding the value of one country's high money value. High money value is an enough measurement of stronger economy of a country.

This is quite a broad topic and you will need a lot of prior knowledge about how basic economics work.
No economy in the world is constant. The economy falls and rises,  but in the long run, every country expects to have a constant growth of the economy.
The economy can rise or fall due to various reason. A countries economy can start falling if a bad monetary or  fiscal policy takes place. Lets say the central bank decided to increase the interest rate (monetary policy) for any reason without proper analyzing the other parallel outcome. We will see that people started taking less loans from the bank, and those that have cash started to deposit more money to the bank. This will cause the aggregate demand to fall (due to people willing to spend less and save more), thus less production and then eventually fall of GDP (this is just an example. Usually monetary policies help to recover from downfall, but bad decisions have consequences). Now lets say a war is going on and the government decided to spend most of everything in military (fiscal policy), the countries economy will eventually fall.
Hope you now you understand how this works.

It can also stem from other countries' economies, as some countries are dependent on the other for some things, and if that certain country have a lackluster economy and cannot provide what the other country needs, the latter would also suffer. If you try and read the main causes for the rise and fall of economies, you can always see that it has something to do with huge banks or other countries doing business with the other and then failing miserably. But the volatility in a country's economy is not limited to what I've just said--it's a broad topic that requires lots of consideration into different forces at play in the stage.

I must agree. The people and the government should work hand in hand so that the economy of such country will prosper. Big factor of which is also the leadership of the officials in the government. If they are capable with their different posistions, they will be able to produce more projects for the economy which will be totally benefited also by the citizens living in it. More projects means more benefits for the people.

I think at this time the international political and economic constellation is more determining the ups and downs of a country's economy. Because the world economic barometer is still the US due to the dominance of the dollar over world trade traffic. The movement of the economic hegemon and also the policies of countries with high trade flows such as China are increasingly narrowing the strategic choices that can be taken by developing countries and poor countries which incidentally have a high dependence on these countries.

Managing the country in the global arena is very complex and requires high analytical skills from officials in managing conflicts and managing natural resources and human resources in order to reduce dependence on other countries and can even make other countries depend on our country.

China is a smart country, although sometimes manipulative. During this time they are countries that have high energy dependency to finance their manufacturing, but with lobbying and its OBOR strategy in Southeast Asian countries, China is heading for an energy self-sufficient country by becoming the world's battery manufacturing center, and even many countries in Southeast Asia that control raw material for the battery industry it failed to capture the moment of even loss of profit and only became a place of exploitation because China has already created a system that ensures China hegemony the battery manufacturing up to its raw material hegemony.

Corruption is the biggest problem of our country but apart from corruption epidemics and conflicts are responsible for the rise and fall of the economy When these effects occur business trade production and everything else stops which hinders the economy. But the government is responsible for all this

Factors that cause the economy rise and fall is the income generated by its population. Because the greater the income of the population,
the country will prosper. Because the country can get a big tax, so the economy can go up. Whereas if the population has a low income
and a high unemployment rate, the tax revenue generated by the state will be low too. Then no wonder if the economy falls.

There are a lot of reason on the economic market movement or increasing and fall down of a single country, today we experience an unexpected event happens because of the pandemic outbreak which is the coronavirus and most of the country falls down their GDP or the gross domestic product which is common on the third world country if the country is base on trading like the import and export of the products it may affect a lot on this pandemic because of some of the country today prohibited going outside and make a mass gathering also if they stop the transport of the supplies many people getting affected.

Like here on the Philippines, most of the works and businesses came back because it is a huge loses on them if they don't bring the business because they don't have enough money and they do want to become dependent on the government we aim for the money to buy a lot of things to survive this pandemic outbreak and we are looking forward on it that they will make a cure immediately.

@kasabus I agreed with you that people work directly with government it will a big help to the country in order to elevate their economy.
The work is not base on government alone neither individuals,
Government will strategies in order to work with people so that their economy will remain constant.
Because without people no government and without government no rules and regulations in the country no individuals will work in  accordance with government. So both parties has to work hand in hand to activates their economy and make it to accelerating constantly.

Without a doubt this is a big problem, in a real free market economy businesses compete against each other evenly and the ones that are the best at managing their resources should be the winners, but we know this is not the case, governments can change the rules of the game in any way they want and they can benefit one company to the detriment of another one, this eventually creates an environment in which it does not matter how you run your company but who you can bribe and that is never good for the free market economy.

The culture of bribery should not be contained in a pure free market, and a culture of bribery is not included in the free market support values. Bribery is giving anything to another party to get a decision in a bad way and will bear fruit in the economic and moral deterioration of individuals and nations. The economic problems of a country are often caused by human error, one of which is caused by acts of corruption and poor administration, where bribery is included. The act of bribery will cause a high-cost economy in the business world so that it is forced to raise the selling price at normal profit levels. Prices will experience distortion due to cost components that should not appear, so the selling price to consumers does not reflect the true value of the resources of the production process.

The existence of bribery costs results in an inefficient allocation of resources, and damages productivity levels. Until finally damage the economy in general and very detrimental to the wider community. The accumulation of a high-cost economy in the business world, the deteriorating economy, and the spread of crime in the business world and in various social strata of society will be felt by all citizens, both those involved in bribery or not. The nation's credibility has also fallen into the eyes of the international community, it can be seen from the ranking of the implementation of Good Corporate Governance (GCG) and the level of corruption that is widely made by various international institutions.

If there are those who neglect moral and ethical values in economic activities, they will automatically spread domino effects such as injustice, income inequality, damage to resources and the environment and damage to the economy in general, thus potentially resulting in various crimes both in the business world and society that will lead to the decline of human civilization.

If we are talking about rise and fall of economy during this exact year - it depends heavily on two factors:
1. structure of economy (US economy is based on high liquidity thats why they can't afford being in quarantine anymore, Switzerland economy is way more passive so they didn't feel the same as US)
2. decisions of government (if one country doesn't want to start a lockdown because they don't feel it as necessity - they are going to lose a lot of people and wealth only because of their decision)
There are some governments who did right decisions, but people simply ignored them - thats whole another deal. It could only happen with developing country, so economy of such country is not as dependent of covid as other countries

true government policies are required to strive for the welfare of the people through economic policies that protect the people's economy. However, government policies do not always produce prosperity for the people, so there are times when the government is wrong in taking economic policies ..?
for example my knowledge ..?
- for example, importing excessive food, eliminating regulations related to environmental sustainability, eliminating luxury tax.
mistakes in taking economic policy will have an impact on the implementation of the wrong strategy as well. instead of achieving skyrocketing economic growth, it has actually declined

Earth's Flow is the cause of economic ups and downs. For example, the profit and trade of the common man is higher in the agricultural sector. In a word, the income of the common man increases and whenever the income of the common man increases, there will be more exchange. In this case it creates resources for our country.

But in this present situation, the economic condition of our Bangladesh is very bad because of Corona. Every thing from the country's business to jobs are being matched and even the agriculture sector is being affected. There is no business today, There is no good jobdue to which the whole thing has come to a standstill.

For this reason, now that Bangladesh Economy is collapsing, it will not be the same one day or another, no one can say exactly when it will be right.

In my opinion, a country's economy and an individual's economy are not having big differences. I mean both are influenced by same set of factors hence to understand better about what are causing economy of a country to rise and fall, just studying how we are getting better financial status is more than enough. A man with regular job must be having well economic status compared to a service provider who is depending on demand and many other factors for getting opportunity to get work and to get wages.

Similarly, if a country is having their own production and having surplus products for exporting then definitely they will be having good economy. The countries who are all not having sufficient agricultural product are severely affected by economic crisis unless otherwise they are technically advanced or having some other products to export.

A country's resources and how productively a country using it makes their economy stronger or weaker.More population will be a factor on national GDP'ss average loss but if a country has more work force then they can make everything possible like what China has been doing for the last ten or twenty years to become one of the super power of this world.

The economy of a country cannot be constant, there will always be an influence of time and season on the economy, moreso the economy encompasses different sectors, the only thing is could be under good regulation. A country does not have all , the process of exchange,import and export with other country for certain product will definitely have an influence in her economy. Those country you claim to have a rise and fall in their economy only have a wide range of regulation inefficiency.

as far as I know is, the price of their currency is based on gold-backed up, and the more cash in circulation, the more unstable the economy in the country. however, lately, the calculation of gold with cash in circulation is not very suitable, so it seems that the current economic quality in a country is based on the value of the entrepreneurs in it.

We can say that it is the steam of it.

It is not really the reason why the economy is falling or rising, the root of it is these people themselves that just run for money or the plan to corrupt and not really to serve the country. We can also put the people in it since they are not really taking their right to vote seriously since usually it will be the democracy that corruption happens.

I am not really against the government in our country, it is just that now, just now, the citizens of the country are seeing the uncompetitiveness of the people they vote and now they are mad because they are not doing their job, which is their fault to start with.

In order for the country to continue to rise and minimize the risk of fall is to have national security by synergizing between military security, food security, energy security, health security, and mental and spiritual security. If a country already has a clear state platform, it is easier to create a sustainable strategy even if the leaders of the country change. With national resilience, a truly sovereign country has bargaining power and has more room for mobility, not just a limited choice between pro-US choices or leaning towards China, pro-free markets or pro-state capitalism.

Over reliance on exports without a foundation of local consumption is disastrous, because it means imports are also high. Relying on exports of one type of commodity is a disaster, Venezuela is an example, the economy falls when oil prices fall and, unfortunately, high import figures to meet domestic needs, causing budget deficits, inflation and the erosion of foreign reserves.

Demand and supply. Economic growth mostly occurs due to having increased wages, increased employment rate, increased resources, improvement in technology, etc. Countries have constant development due to them having concentrated their resources on developing their domestic products, instead of foreign trade. This doesn't mean that foreign trade is wrong, just that with foreign trade, the improvement of the country would solely be limited due to the fact that if foreign trade disappears, the country has its lifeline cut.

As long as the release of cash was controlled properly, even if there were more types of fiat released, it'd only lead to economic growth. Ofc, too much of something is always bad, and too much release of fiat at a single instance without any proper reason could lead to inflation.

You mean improper policies of government for printing money will lead to inflation and then hyper inflation and the collapse of economy? Not just with printing money, if government is failing in making proper economy related regulation then collapse of their economy is inevitable. We have seen many countries without enough manpower and natural resources have built their economy like super powered countries just because of good economic regulations and laws. So, if governments start caring about individuals' wealth by creating more job opportunities then their economy will get better over the time.

When governments fail carrying about their own people and their better economy? Only because of corruption. A corrupted government may not develop good economic policies but they might be allowing foreign investment for their own benefits which leads to suffering of their citizen.

The point is right. The state of the economy really depends on the people and the government. The ones who are responsible on what will be the economic state are those two since they are the ones composing the country. A good leadership will surely be followed by its people so it is in need a good leader in the government to be able to make people work to make the economy wealthy. But it must not be just the effort of the government because they were just the ones who were making and implementing the measures that can possibly make opportunities for its people to let them be productive. If the people are not cooperative, then the effort of the government to lead the country's economic state to the top will be nonsense because no man power will be working out to make such thing possible.

In short, it is in need for both people and the government to be cooperative with each other to make the economy rise. But there are also other factors that can affect the rise and fall of an economy and that is based on the capacity and capability of the country's resources because if the resources are limited, then a country's economy will be dependent on other country which will be beneficial to other one that is why it is essential for a country to be part of an alliance or simple the United Nations that will lift each other's up and in that case, the governments of each country are working on it.

It’s not just something that can be caused by a particular factor, but I think a very bad government can lead to the downfall of a nation. When the supposed leaders are not doing what they are meant to do to lead the people to the right direction, then they are definitely heading for a fall.

Some politicians (or should I say all of them? ???) are greedy to the core, and they can do anything once they are voted into power to make money before their leaving the office. These kind of people are the ones that are hurting a country, because they are not there to serve, but to destroy what’s left. And in the case of having a huge population, I think a country can still have a good economy despite having a huge population, so that doesn’t really matter (only problem might be there will be lots of poor people).

One reason for the rise and fall of economic statuses of countries are their own market capability. The local market of a country can determine the economic growth and decay of a country. That is why countries with better utilization of resources got better economic status. It is quite shown that during the pandemic Global Trade is being used slowly which results in a fall in economic status of most countries relying on this kinds of transaction.

Yes that is true but government and people are just one of those factors affecting the rise and fall of the economy. Mostly the economy experience the rise and fall depending on the capability and capacity of the country itself. This concerns the national resources where raw materials that is for export and import came from and where the local products produced by the country also came from. There are common crisis that each and every country face depending on where they are located. Economic rise and fall is just a common happening which states that a country can be unstable at some point because of its limited capacity.

Government and its people must be coordinated to be able to keep its economy rising on which projects concerning how they can effectively use their resources must be managed to be able to maintain a good economic status.

The main reason for the rise and fall of the economy is that when a country's productivity is low and inflation is seen the country's economy tends to stagnate The virus caused the business to shut down everything and the impact of foreign aid diminished as the economy began to rise and fall. Various companies close down and the impact of the transaction diminishes Which helps the economy go down.

If we have to we can actually list 100's of reasons , the economic situation in a country is determined by so many factors which are again related to even more of them .

The main things that we all have read in civics is -
Land
Labour
Capital
Businesses

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Then we have :
Culture
Education
Wages
GDP
Natural resources availability and usage
HISTORY
Legal and political system
Government laws and their effects
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History is a very unfair point but unfortunately it is something to be considered, the British empire ruled 80 countries , took all their money , gold , natural resources and added it to theirs , they for sure have an unfair advantage over the economy of other countries.

The African continent was unfairly ruled and used by other countries , they did have an amazing history and resources, all these wars and the greed to dominate other Nations have made some countries underdeveloped and some developed. But in some years I do think countries can plan ahead and reach their full potential. Thus improving their economic situation.
(I do think the countries who ruled other nations unfairly should actually pay for the drastic effects they did have on the ones they nearly destroyed)

Indeed. The cause of economy's downfall is when the productivity of a country had stopped just like what happened when the quarantine lockdown was implemented in every state that most businesses and workers have temporarily lost their jobs and source of income that results a downfall, especially in the US country.

There are many reasons for the economy to rise and fall.
 
I think the population is a big reason. The economy rises and falls because of the population of the country. The more a country can turn its population into human resources, the better the economy of that country will be. When the population is much larger than the size of the country, it becomes difficult to keep the economy prosperous. But the government should keep the economy afloat at any cost

Population could be the biggest reason but not a direct factor to impact on economy of a country. I mean not all the countries which are having more population are underdeveloped and at the same time the countries with reasonable population are also not into the developed status economically. Only the countries which are having good economic policies due to responsible political leaders are having good economic status. In some sense, massive population must be a very good supporting factor for building the economy of a country more stronger. At the same time, when less people are paying taxes in one country but more people are consuming government aids, then that country cannot have sustaining economic status.

One other major thing that causes rising and falling of some countries economy is their rate of investment. Oftentimes, economic growth is driven by consumer spending and business investment. If a country invest in the creation of new businesses and jobs, this will increase the growth of the workforce and population of a country

A country's economy can rise and fall for a variety of reasons. In this case, the government of that country makes political decisions and the people have a great influence. In addition, the natural resources of a country play a huge role in the rise and fall of the country's economic situation. Various measures taken by the government, Natural resources Human resources, and various types of natural disasters can cause a country's economy to rise and fall on a regular basis. Conflicts of power, Due to geographical location and climate, the impact of these economic fluctuations is less in different countries.

i dont think there is such a country that dont fall  because there will be problems that they faced too . a good example is the situation now . every government lend a help to thier people because people lost thier jobs and many business are not operating .  how can a country become stable or not loose with that ?  your suggestion is replacing the government , thats possible but the population are fixed . you cant do anything with that

if people supports and follow the leaders the greater chance that the economy of the country will continue to rise, no crimes and people are satisfied with how the government practice their rights.



Natural resources is the main key especially  when the government who are leading it really knows how to maximize their resources.


Everything have its own functions and if this bodies are correctly being balance   its influenced the economy.


Indeed. This also influenced it's needed for every leaders to handle things in the right process.

for me it's not really from the government. sometimes it is due to natural disasters like the current 19 covid pandemics or earthquake disasters that cause problems for production lines. In short, there are many factors that affect the economy up or down. Political factors are also one of the important factors that greatly affect the country's economy and value for money. Hong Kong people protested and riots in some places caused the stock prices of many companies to plummet and production services stopped. In short, there are many things that can impact our economy.

   It's a government Chip1994, they are responsible for making decisions. If you have good government they will do good for
their country and for people who live there, if they are corrupted they will work to get rich, while the majority of population will
live in poverty.
   It's a long talk about what cause the economy to rise and fall, in my opinion the most important is the spending capacity of
the nation, the more money people spend, the better production will be, the economy will rise.
   Now during Coronavirus pandemic many businesses didn't have traffic, how can economy grows without traffic? It can't!

No economies are constant. All economies also global economy have cycles. there are two king short term that last around 10 years. and long term economic cycle that last around 100 years. We dont even notice the big one, Short ones we do. Every time economic crisis start we are at start of new cycle. But the big cycle is most important and our future is not that bright here.

All economies of the country are in tune with the waves so the rise and fall and inevitably happens in a year it just comes on its own without realizing that it is already there.it is common sense that in this year when coronavirus impact the countries economy, all investment is affected.

Economies are struggling most of the time especially on a third world country and this is because of so many circumstances and we have a pandemic right now which makes it more difficult to operate normally.

We have to think the others perspective, the trade war between US and China affects many countries and the continues war in middle east also gave an impact. The market will continue to rise and fall, let’s all ride the waves safely.

Many factors cause an unstable economy, usually from government revenues and population. If the state tax income goes well, usually the economy
will be stable. Taxes obtained from the population must have a stable income. The government must be able to reduce unemployment rate, in order
to increase tax revenue. The reality is that there are so many unemployed people all over the world, due to the spread corona virus. So it is not
surprising that many economies rise and fall. Even for countries with high numbers infected with the corona virus its economy fell and did not rise
until now.

The main reason why the country's economy has fallen because a lot of countries have stopped their productivity due to lockdown that a lot of businesses and workers have lost their source of income; that is why the governments have fewer funds to support the need of hospitals. It is the reason why the lockdown was already lifted in other countries to resume productivity and recover back the economy of a nation.

They've needed to allocate funds to this part of the society as majorities
of those affected by this virus are poor.
Government needs to make sure shouldering the expenses to properly
taking care of this infected people.


Government doesn't have other choice most of those from third world
countries are suffering too much
In order to survive they needed to reopen businesses even risk still
high from their jurisdictions.

From your explanation, the nature of a crisis in a short cycle is a crisis that occurs by accident while the nature of a crisis in a long cycle is a crisis that occurs by design or is systemic and can already be predicted to occur. Long cycle per 100 years in my opinion due to the accumulation of problems and due to short-term solutions of the economic crisis in the short cycle and due to wrong economic governance by state officials, causing a vicious circle in the national economy and global economy.

In the recovery of a long cycle of crisis, there is usually a trigger to take extraordinary measures. This corona pandemic is a trigger created to take an extraordinary measure of the system.

I guess there are a lot of factors for this, resources, population, distribution of wealth, job opportunities, and etc. The government plays a huge role in this since they are the one who utilizes taxes and gives directives to businesses as well as seeks other opportunities for the economy to grow.  With proper usage or allocation of tax for economic growth, I think even with the pandemic any country will recover fast.

No short cycle dont appears by accident. Both are systematic. Spend more then you produce and spend less then you produce because you are repaying old debts. It is not really hard to google what economic cycles are. https://www.investopedia.com/terms/e/economic-cycle.asp    But I watched one good video explaining big cycle. Let me try to find it. Wish me luck :)

Ha I found it: https://www.youtube.com/watch?v=sMRRz1J9RkI    Is 30 minutes, but worth of watching. And if you understand it you can fast forward a lot is easy to understood.

Rise and fall is a common trend of every economy of the world. There is no economy in the world which goes only for rising or falling. There are different factors for this cause. The main factors are international business policy and relation, natural disaster, political situation, epidemic, govt. policy, export and import, economic and social condition, availability of factors of production etc. There are different stages of this business cycle of the economy like expansion, peak, recession, great depression etc. Economy is not stable, It always fluctuates within the cycle.  

There's no such thing as a constant economy. Keep in mind that most all of our economies tend to be based of each other in some form or fashion. The US economy is as strong as they come, yet if we fall, all others will fall as well.  (hence proving they can't always be constant).  Sure the government has a large role but citizens do as well.  How well your countries citizens are educated plays a huge role as well.

It depends on every sector of the government that works for the betterness of the economy. Also there are many things to consider for the ups and down of the economy like the pandemic that caused a lot of troubles and problems not only to the people but also to the economy. War are also a factor that can affect the econonic situation of one country.

After globalization, economic of a country is somehow depending on other countries'. Definitely a rise and fall of one country's economy will have impact on all other countries given that that country is having strong import and export relationship with other countries. In this modern era, no country will be existing without such relationship. For some need, they might need to depend on other country for example fuel and medical equipment.

No. In my country, farmers are not educated but their productions are getting huge foreign reserve which is helping on building my country's economy in large scale. I guess by educated, you are referring people who are paying taxes. But, after taxation there are many other things which are actually contributing on a country's economy.

What can cause an economy to rise and fall is loss of confidence by consumers; when consumers lose confidence they will stop demanding , and a decrease in demand means that there will be a fall. When Consumers stop investing in businesses in a particular country and when those businesses start to fall, the economy of the country starts to fall because consumers (or should I say investors?) are moving their demands elsewhere.

There are so many things that can lead to these loss of interest and confidence to happen and it can be things like deregulation, poor management, deflation, and the rest of them.

The fate or the state of the economy of a country not just rely on its government and people although those are one of the factors or main element for the country to achieve a growth but there are still other external factors that can affect why the economy falls.

Natural Resources can also be considered as one of the factors why an economy rise and fall because it is the limited element that a country must nourish to be able to make the economy rise since exported and imported goods and products came from raw materials coming from natural resources and being irresponsible to take care of it would lead to lack or shortage making the economy fall.

Educational State is also one to be considered because this boost up the intellectual capacity of the people to be productive to be able to create mass production to push the economy to rise. Lack of knowledge of the people can just lead them to dependency to the government which can lead to the economy to fall.

External Factors can also include natural calamity because it can affect people's lives and the natural resources that can result for the fall of the economy.

Good Governance is also one of the key to make the economy rise because management coming from those at the position will make everything in order which can make the economy rise. A government composed of corrupt officials can just drag the economy down.

The main reason for the rise and fall of the economy is that when the per capita income of a country decreases or the population grows more than the food production, the rise and fall of the economy occurs. But now the epidemic has brought the country's economy down a lot. Due to the lockdown, business is closed, production is declining and the economy is being hampered by the impact of transactions.

The rise and fall of the country's economy relies on the capacity of the country itself which varies on the amount of resources it have because it is the limited factor that a country certainly have that is why management of the resources is the key to be able to rise up the country's economy. Failure to take good care of the resources will surely result to fall.

Resources could be: Natural and the People because those are the main wealth of a country. This is where all the economic growth and development of the country relies because lack of those can partially lead to down fall of the economy.

The factors that can harm those resources stated above are basically those that can consume are make destruction to those resources which are Natural calamities/disaster and death the existence of the two make use for the resources to be affected and be limited in a country. Those that affects the resources of a country are the main reason why failure comes affecting the productivity of the resources to make the economy rise.

In simple words, the ones affecting the rise of the economy are the people and natural resources because they are the main wealth of the country since raw materials for production comes from natural resources and being processed by people and those products are being traded or imported to make earnings added to the economy of the country. The ones affecting those two are the external factors affecting why the economy experiences down fall.

Population is a big factor to be considering why economy falls. Due to overpopulated of a country the balanced between the economy should be taken seriously. This cause not only in the economy but also in the environment concern. This large population can also be an advantage if the government takes this in bright side. For the people, need to create  more job in order them to earn money so that more taxes will be deliver and the growth over the industry of the different sectors will be improve. The discovery of natural resources and switching to alternative energy which benefits us all in the long run which can boost the economy of the country.

The government and the population of that country do have a big influence on the ups and downs of the economy, but if we involve the existence of this pandemic, it is clear that exports and imports of trade from one country to another will greatly influence the ups and downs of the economy.
even most governments today have certain restrictions regarding access to export and import trade services

I believe if we leave the covid-19 pandemic aside there are many reasons still for economic downfall and crisis, I'll try and list a few.

1) Poor Cross-Border Relations and Trading: The most important aspect for any country is to have good export because that is the biggest source if income for any country. China have a great economy because they export almost everything and hardly import much themselves.

2) Frequent Governmental Changes: An example is Nepal how they never developed because they have a lot of governmental changes and there is absolutely no stability.

Population matters much on a country's economy, but rather than population the productivity concerns big in my opinion. Just think of the United States Population. It stands third in terms of population, but the growth it has achieved is big. This means though the position is third in population, the difference between the second position is more than 1000 million. So USA has got higher productivity with the less population. This means governance too is a big factor in the economy growth of any country.

The cause why economy rise and fall are the problems in the government , unexpected pandemic, corruption, and many more. Also if thr population of the country keep on increasing and half of the population are among the lower class then it will affect also the situation of economy.

When people are asked this question they usually mention a lot of things as they cause of the rise and fall in economy of countries, but I usually point out to governance as the most important factor that contributes to the rise and fall of an economy.

The government can have serious impact; if the government is not doing the right thing it reflects immediately in the country’s economy and you will notice that it starts rising, but when they start doing the wrong thing, it becomes the opposite of that. There are things that the government are meant to do that will help economy’s growth.

One thing that can make the economy fall and rise is the people, people are the ones who make the economy move, once they don't work then the company or the businesses won't work, it can cause bankrupt or failure, and as what we all know company and businesses make the economy move. That is why people keep on studying because they are the ones who will make their own country or economy rise over other countries.

I believe that economy is built to be something to go up and down, it can't always go up because at that point if we go up long enough without ever dropping the whole world would become billionaires and the system would just not work when there is nobody to work and everyone is rich, so inflation will happen and being a billionaire wouldn't mean anything, it would be like having 50 thousand dollars but you would have 50 billion instead, hence it can't work.

Well it can't always go down, I know it feels like it always goes down but not for the general nation, rich are getting richer, so it is not always going down neither to prevent just death by starvation level of being poor. All of these combined, it means that the economy has to go up sometimes and has to go down sometimes.

While I agree that an economy cannot just rise while there are cases where economy just falls and keeps falling. There can be times when inflation becomes less than zero also called as deflation and while it is good if deflation occurs in a particular country because the value of the money increases but that also means the debts get even bigger. Suppose the value of 100 USD becomes worth 120 USD after deflation (as deflation increases the value of the currency) but that would cause serious problems to people under debt as they have to pay even higher now technically on their debts.

So, it is actually feasible that the economy rises and falls at certain points to maintain the economy and avoid any major issues. The US economy was so strong but now the pandemic have shaken them brutally, so no one can stay at the positive economic growth for lifetime.

That's correct and the economy of US is strong because they have the the most advanced and efficient technology in the world. But that said now as corona virus had it's impact it was US who was most affected and that is because when any kind of emergency comes the economy that was moving the fastest is affected the most.

I believe having excessive tourism can also lift an economy like that's how Dubai got their economy built because they created multiple ways to attract tourism and a lot of startups are now based in Dubai because of their system.

If we talk about the fall of the economy in isolation from the crisis (world) - all the reasons are in the abominable management of the state and resources. All sorts of dictators of banana republics and other castros turn their country into a garbage dump and then wonder why everything is so bad.
If we talk about world crises-then on the principle of dominoes. One falls and then all the others.
It all depends on the circumstances.

Factors that cause a recession include high interest rates, reduced consumer confidence, and reduced real wages. Effects of a recession include a slump in the stock market, an increase in unemployment, and increases in the national debt.

Economic growth creates more profit for businesses. As a result, stock prices rise. That gives companies capital to invest and hire more employees. As more jobs are created, incomes rise. Consumers have more money to buy additional products and services. Purchases drive higher economic growth. For this reason, all countries want positive economic growth. This makes economic growth the most-watched economic indicator.

It all depends on what is in the country. These can be resources, first of all, these are always resources. They can be physical, such as oil, gas, and so on. Or they may be intelligent.
The most developed countries are rich in both. Look at the United States, the whole world depends to some extent on them.

The cause of economy rise and fall are many but I will like to  just mention few here:
1) Bad environment
2) Bad leader
3)Bad government
1) Bad environment: some times people blame the government for rise and fall of the economy not knowing that their bad environment is the cause of it.Every investors wante to invest in safe and good environment to make profit.
2) Bad leader: when the economy of a country  is rise and fall bad leaders are the cause of it. Bad leader plans is to care for their family only than to care for the stable and steady economy of the people.
3) Bad government: when the government fail to invest and improve the economy of a community can lead to rise and fall because the government cherish corruption than to invest on time for the betterment of the citizens.

Resources with good governance.

Even with having a rich resources if they don't know how to handle it, the economy of a certain country will fail to rise. Good governance is really helpful for the economic growth to have a better decision making, development, etc., using their own resources that will boost the economy of the country.

The economy rises and falls due to various factors.
A more recent example is the one we live when it was declared that the world was suffering from a pandemic. The prices of oil, the stock market, bitcoin and cryptocurrencies fell, the uncertainty, the blockage of economic activities all together makes the economy move slowly.
In times of a rising economy, it is due to the fact that there are good market policies to satisfy the supply and demand of the goods and services of nations.

The number of unemployed increases when the economy of a country is disrupted the economy depends on the per capita income of a country. The per capita income has accumulated due to the epidemic which has caused various crises including unemployment as the economy has suffered.

In my country, economic growth is also very unstable and I think one of the causes is production and expenditure. As a developing country, we depend on developed countries that have been carrying out large-scale import activities. If there is a crisis experienced by Developed countries that help us, it will greatly affect the demand for several commodities so that it causes the economy to decline.

I conclude that the factors that cause the economy in a country to be unstable are the planning used is not considered mature enough. In the sense of not thinking about alternatives A, B, C or D. Because if you do not anticipate the inhibiting factors, of course when you are faced with an impossible condition, you must be able to find a gap to keep going. Then, the development is not right on target. If more and more strategic developments are on target, of course, the acceleration of economic growth, especially in the regions, can be boosted through the types of micro, small and medium enterprises. and one more thing is the decreasing purchasing power of people for a product who do not understand how to manage monthly finances. This decrease in consumption and purchasing power occurs for those with low incomes. Although the wages of labourers and construction workers have increased, however, the inflation has not been able to control the prices of necessities. So that the prices of necessities go up and in the end, their salaries are only enough to buy primary necessities. This is what causes the property sector, food and beverage retail to experience a drastic decline in sales.

But the strong economies like China recovered so well that it makes you wonder if having flexibility among all nations could have reduced the impact of corona virus. Because of the poor planning and terrible structural planning by various countries the corona virus is looking even more dangerous than it should have.

A better approach and the vision to fight the virus rather than hiding might have saved the economy from dropping because locking people in their house was important but not necessary as they could have increased the testing and made managed more patients by allowing more patients and increasing the beds.

Hiding from a problem and locking yourself in will only prevent you but if you fight with it, you either win or loose. Think about it deeply and you will understand my message.

I do agree with the both of you and I just want to add that not do government policies affect the economy but also the people that constitute the government. If there are right people to lead a country, it helps to boost their economy by the enforcements they make.
Secondly, pandemic such as the Corona Virus which is currently in the world and the Ebola Outbreak that happened in Africa years ago can also crumble the economy of a country if not properly managed.
Thirdly, the natural resources of a country, if properly utilized by the government, can help boost the economy of such country.

Quarantine is the most effective way of fighting this virus and I don't understand why you have said it's not necessary in fact it really prevent the virus from spreading more because few people are just going out and those people are the ones who work for their family, to provide them the things they need specially they're all in their houses most of the time, quarantine doesn't mean we were hiding from the virus, it is a very effective strategy to fight the virus, do you wonder why it is implemented all around the world, because it is the right move for us now, "Hiding/quarantine is also a way of fighting the virus", making all people tested for the virus is not a good thing at all, people who have symptoms are only the ones being tested or the people ho have interaction with a person who has symptoms of the virus, imagine having majority of people in your country tested, that will need a lot of funds for the things needed for the testing itself and most likely your government will take loans and that will make the road ahead of you very rough for the government will find ways to get more funds, increasing tax, adding tax to things that don't have tax and it will be bad for economy in the long run.

Yeah, it's obvious that resources of a country is were each of the country economy originated and if not properly handled by the management of the country,automatically the economy of such country will fall totally, so looking at the falling of countries economy from another perspective it seems that its caused by Lack's of diversifying resources or economy.

Yeah, it's clear that massive disease in a country can cause stability or downfall of economy such as corona virus and other numerous disease's.

What about the technology factor, have you forgotten that countries with technology will grow faster?  perhaps technology is also the cause of economic growth or decline.  If the government and society do not have technology in their country.  I am sure the country will continue to be underdeveloped.

There can be many reason like the political reason and sanctions. But, the main reason for any economy in any country to rise or fall is the people. Even if a very bad fundamental news happens or governments doing something wrong, in the last place these are people chose to buy or sell stuff or how the react to the prices. But what is the reason of the people reaction? The reason is deep inside the educational system. If they really get educated in school and get familiar with economy, they will understand what is good or bad for the economy of their counter. So if you ask me, I would say education is the main and most important reason. But unfortunately, many countries,even developed countries won't pay attention about this important factor in schools.

There are many reasons for economic ups and downs.  One of the causes of economic decline is famine, heavy rains, droughts and various natural calamities such as cyclones, tidal waves and fires.  And at the root of economic growth are the export of goods produced in the country, development in various industries etc.

But who is responsible for that bad environment? I agree that people are responsible like you said but the government has to make policies such that the environment cannot be deteriorated further and what damage has been done must be regained slowly.

The best point you made is actually bad leaders because a bad leader is like the root of the tree having a parasite and now no matter how much water is given to the tree the roots are always going to be weak. Similarly the worst leader people pick for themselves the more harm he will do to the economy.

I heard one wise statement from someone: A un-educated leader will only cost short term losses but an educated leader who has the wrong motive might burn the whole country so the government and the leader should have the right mindset at the very least.

Actually, many different factors affecting a country's economy. In my opinion, technology is not the most important element that can drive dramatically the economy. Governments are the ones need to in charge of everything surrounding their country. We can not expect a country to have a strong development or technology if their leaders are totally jack-ass

It's all up to the government. If they want they can decimate the economy.
Here in my country government regularly increment the costs, as of late they increment the petroleum cost which is very upset, low standard families.
Those who are paying low salaries are unable to uphold their families due to the high cost of items and foods.
There's nothing wrong with us it's all up to the government and he should take care of their peoples.

Both population and government make the economy rise and fall, the leadership of the government will decide their economic status and if their population is following all of the rules of the country. The relationship of the country to other country is also good for having a good economy, if your country is globalized then for sure your economy is high as well because of so many good transactions to other countries, good export and import are needed to gain strong globalization which result of a good economy.

There is a lot of impact on the economy rises and one of these are the:
1. Import
2. Export
Also, we experience this recently on the fiat currency there are a lot of economic GDP falls down because of this pandemic the shortage of the supply comes down and also the transactions from different places temporary close or prevented due to this pandemic to become safe all of the people.


Also, there is an impact too how does the government manage all of the people and the whole community and country if they did not manage this properly for sure there are a lot of shortage could possible happen, also the supply of the foods, and another kind of paraphernalia and sanitizing equipment. AFAIK there are rules applied that only limited to three (3) items only per buyer in malls.

To add some more to what you just told us; Terrorism, war,  and plaque caude huge decline to a country's economy. These causes to an area to have not enough food supplies, businesses, livelihoods, homes, and more thing that is necessary to one's growth. Eventually it will cause famine and will cause the state's or country's economy to decline afterwards.

The most basic cause of the economic slowdown is still the cash flow being blocked and everything becomes sluggish.
A healthy economy will have a lot of money flowing through it.
Central banks of countries lower lending rates, stimulate loans and money, or pump money into the economy.
Business owners put money into their businesses and hire a lot of people to create jobs.
Consumers spend a lot of money on products and services.
The Central Bank pumps and stimulates the market with large cash flows.
But when the money is obscured, or there is little money in the market, it will lead to a recession.
The last pandemic indirectly obscured the cash flow and prevented them from flowing into the market, causing everything to stall.

The thing with War is that overall it has a bad impact for all the countries involved, but there are some people who are actually profiting from war. For example if you look at USA and the Iraq war there were many companies who profited a lot during that time. So while war was very bad for Iraq, it was actually not so bad for USA in economic terms.

The economy at the moment depends fully on the corona pandemic in my opinion. If we can contain it this year or not will decide if the economies go up or down next year.

An economic recession occurs when unemployment increases, retail sales decline, and income and manufacturing contract for long periods of time.
It is predicted that economic growth can only touch 0 percent to minus 2 percent. With the conditions of economic growth

Rise and fall all rely upon the government's law and rules. If the government wants, they can upset the economy by calling different nations for wars.
The government should need to maintain peace by helping different countries and satisfied their necessity with no contention. As of late, India planned to begin a battle with Pakistan, and the two nations' economies got upset.

The war between india and pakistan is typically fought over kashmir so if the plan is to fight during the epidemic these lockdowns will shrink the planet economy by three percent this year. But before they had the precise opposite idea saying that this year's economic process would be three percent.

Import export has more than what we can imagine in a national scale instead of individual. When you are a nation that doesn't sell too many things to other nations but buy a lot of things from other nations that means you are going to end up not having any money in the end, think of it like yourself, you have your income and you have your expense so if your expense is bigger than your income you are not going to stay like that forever and eventually bankrupt.

Now nations do not bankrupt we all know that, but they end up printing more money and that means their money becomes worthless over time, when their money becomes worthless people in that nation who has money becomes less rich and people who do not have any money become incredibly more poor. There is really no way that nations can get away with it, so you have to sell as much as you buy if you want to be a rich country.

Yes, bad government can cause economy rise and fall in the country. Once there's bad leaders in the government their own is to control the economy in a way it will favour them not the way it will favour the citizens, and that can cause economy rise and fall in the government.
Those countries their economy is rise and fall, there are some things they fail to position in the country that is causing them rise and fall in their economy. If any government fail to tackle corruption in the country, it will hard for the economy to be stable like the way others countries economy is constant in their environment.

Those sitting in government have made a big contribution to why the economy rise and fall, other officials are doing things just for the benefit of themselves not to their citizens, and mostly corruption is a common cause of economic collapse. But sometimes there are unexpected events like covid 19 which gave a great blow to all of us and made our economy fall continuously.

The national economy depends on the balance of exports/imports and the gross national product produced per capita to value.
Some countries have abundant natural resources and they export them to get rich. for example, the oil-rich Middle Eastern countries.
Some countries have an abundant gross domestic product output, they go up from production and create value for the country's economy. For example, Japan has less abundant natural resources but is the 2nd economy in the world.

Very few countries have a stable economy. The economies of most countries fluctuate. This can happen in many ways. For example, natural disasters. Natural disasters can wreak havoc on a country`s economy. Many people become unemployed due to nature disasters. Many people Homes became  uninhabitable. Then they have to spend government money to make arrangements for Their stay. This hurts the economy.