What is a crash rate in economics?

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keep getting results about plane/car crashes…

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Anonymous 0 Comments

A crash rate is when you measure how often something bad happens, like a recession or a stock market crash.

Imagine that you and your friends are playing a game where you roll a dice and if you roll a one, you lose. The crash rate in this game would be the number of times that you roll a one, divided by the total number of times that you roll the dice. So, if you roll the dice 10 times and roll a one twice, then the crash rate would be 2/10, or 20%.

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