1, with different definitions.

Economic crisis: refers to the continuous contraction (negative economic growth) of one or more national economies or the whole world economy for a relatively long period of time. Is it a cyclical overproduction crisis in the process of capitalist economic development? , is a decisive stage in the economic cycle.

Financial crisis: financial crisis is also called financial storm (The? Finance)? , refers to a country or several countries and regions, all or most of the financial indicators (such as short-term interest rates, monetary assets, securities, real estate, land prices, the number of commercial bankruptcies and the number of financial institutions closed down) sharp, short-term and super-cycle deterioration.

2. Different characteristics.

Economic crisis:

The capitalist economic crisis is a crisis of overproduction. However, the overproduction shown by the capitalist economic crisis is not an absolute surplus of production, but a relative surplus, that is, an economic crisis of excess demand relative to the working people who have the ability to pay.

(2) When the capitalist economic crisis broke out, on the one hand, the capitalist's goods piled up and could not be sold; On the other hand, the broad masses of working people are unemployed or semi-unemployed, and due to the decline in purchasing power, they cannot obtain the necessary means of subsistence.

(3) The economic crisis of relative overproduction of capitalism most obviously shows the historical limitations of the capitalist system. ?

Financial crisis:

Based on the more pessimistic expectation of the future economy, the currency of the whole region has depreciated sharply, resulting in huge losses in economic aggregate and scale, which has hit economic growth.

(2) It is often accompanied by a large number of business closures, rising unemployment rate, general economic depression in society, and sometimes even social unrest or national political turmoil.

3. The reasons are different.

Economic crisis:

(1) Economic policy mistakes; ?

(2) shortage of raw materials, especially the crude oil crisis; ?

③ Natural disasters; ?

④ The consequences of globalization; ?

⑤ Financial policy mistakes?

Financial crisis:

(1) There are loopholes or monopoly in the financial system; ?

(2) The manufacturing industry collapsed due to overproduction, shortage of raw materials and shrinking market.

(3) Administrative measures are ineffective, and speculation or panic spreads? ④ The previous financial crisis was caused by the bubble of American real estate market.

4. The consequences are different.

Economic crisis? ：

① National economic adjustment and economic recovery; ?

(2) coup, major changes in political parties and policies; ?

(3) War, the tangible and intangible struggle for capital and resources;

Tens of thousands to tens of millions of people are unemployed, and unemployed people are the leading force in new industries. For example, the unemployment of college students will stimulate the growth of knowledge;

⑤ The change of the main dependent groups in the country.

Financial crisis:

① The import and export industry has been greatly impacted;

The subprime mortgage crisis further strengthened the weak position of the US dollar, accelerated the depreciation of the US dollar, and thus reduced the advantages of export products? ;

(3) the world economy is declining;

The drastic changes in the economic field have brought about psychological changes, and people are increasingly losing their sense of security.

Extended data

The so-called financial crisis refers to some persistent contradictions in the operation of activities related to monetary capital, such as the credit crisis in bill cashing and the currency crisis caused by the disconnection between buying and selling.

The connotation of economy is obviously broader than finance, including all activities related to people's needs and supply, such as consumption and production, finance and so on. Its core lies in creating value and obtaining welfare through the integration of resources. The so-called economic crisis means that the increase of value and welfare can not meet people's growing needs for a period of time, such as a large number of overproduction caused by the disconnection between supply and demand, which is the Great Depression in the traditional sense.

Historically, several large-scale financial crises and economic crises in the past are related and can be said to be accompanied by each other. Financial crises often occur before economic crises, even the recent global economic crisis is no exception.

References:

Baidu Encyclopedia-Financial Crisis Baidu Encyclopedia-Economic Crisis