What are the greater implications of all the stock market concerns?

judithsr asked:


I know very little about economics, the way the stock market works, the greater impact it has on the economy as a whole, etc.

I know enough to know that all the things happening now are not good. This may be a silly question, but why are the dropping numbers so problematic? What happens when the stock market drops as low as it has been? How will this impact the economy, and individuals?

This sounds like an essay question, and I’m not trying to cheat on homework anything. I’m really just curious, because I don’t know and I would like to.

Thanks!

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