Intro to Sociology

study guides for every class

that actually explain what's on your next test

Capital flight

from class:

Intro to Sociology

Definition

Capital flight is the rapid movement of large sums of money or assets out of a country due to economic or political instability. This phenomenon often leads to a decrease in investment and exacerbates issues of global inequality.

© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
Glossary
Guides