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one.13 How an financial system responds to an economic downturn will, partially, be based on its economic construction. For example, economies that are mainly reliant on main sectors or commodities might possibly be way more susceptible to an economic slowdown impacting on individuals sectors than a way more diversified financial system. The split relating to the level of activity in just an financial system accounted for because of the private and non-private sector may also have an affect, which includes a fairly giant general public sector commonly experienced to provide security in a slowdown, but a possible drag on growth in an upturn.
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