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The impact of the energy crisis on everyday life

Author

Listed:
  • Alexandru TOMA

    (Bucharest University of Economic Studies, Romania)

  • Radu Alexandru BUDU

    (Bucharest University of Economic Studies, Romania)

  • Mihaela Malvina PREDA (ROȘU)

    (Bucharest University of Economic Studies, Romania)

Abstract

Energy is becoming an increasingly important resource and convenience as the world continues to become more industrialized. Due to an imbalance between supply and demand, there is currently an energy crisis. This article will examine the effects of the energy crisis on the world economy, including rising costs, resource scarcity, and the possibility of market collapse. The various solutions to this dilemma will also be covered, including the creation of alternative energy sources and measures to improve efficiency.

Suggested Citation

  • Alexandru TOMA & Radu Alexandru BUDU & Mihaela Malvina PREDA (ROȘU), 2023. "The impact of the energy crisis on everyday life," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(Special, ), pages 194-198.
    • Handle: RePEc:agr:journl:v:xxx:y:2023:i:special:p:194-198
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