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A financial crisis that is sometimes called "stock market crash", and banks and / or states (for example, over-indebted). They are quite numerous in recent history and of unequal size. The most serious financial crises are carriers of systemic risk, that is to say, capacities may in turn affect their environment and result in an economic crisis; he economic crisis that we are afraid of is far more serious, since it can affect all economic actors, households, consumers, businesses, public administrations and not just savers, lenders and borrowers. The economic crisis typically results in lower purchasing power, rising unemployment and bankruptcies due to a decline in economic activity (recession, even depression). Fortunately, they are less numerous than financial crises, but their consequences are heavier and especially on the most fragile economic actors.
If financial market fails you can say it is financial crises but in economic crises all markets of economy collapsed...........
