Briefly Explain Three Consequences of the GFC on Australia

question 40

Essay

Briefly explain three consequences of the GFC on Australia.

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Definitions:

Social Awareness

The ability to understand and respond to the feelings, needs, and concerns of others, including recognizing social cues and appropriately adapting behavior.

Empowerment

The process of giving individuals or groups more control, authority, and responsibility regarding their own lives or work.

Delegation

The assignment of formal authority and responsibility for accomplishing a specific task to another person.

Specific Task

Refers to a particular piece of work or activity that is assigned or required to be done.