What are some real-world examples of circuit breakers?
Circuit breakers are used in various fields. For instance, in finance, they halt trading during extreme market volatility.
Can you give me more examples in different industries?
Sure! In electrical systems, circuit breakers protect against overloads. In software, they prevent system crashes by stopping processes.
How do these circuit breakers work in finance?
In finance, circuit breakers temporarily pause trading to prevent panic selling and allow time for information dissemination.
Are there any notable incidents where circuit breakers were used?
Yes, during the 2020 stock market crash, circuit breakers were triggered multiple times to stabilize the market.
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