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Wars lead to recessions because of the opportunity costs associated with them. However, this is much more than a recession. The war would have resulted in general economic unhealthiness--speculation as a form of growth, rather than the production of goods and services. The correction of this unhealthiness, by itself, would have led to a pretty bad recession. However, the factors really behind the economy falling off a cliff, are purely financial and economic in nature.
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Is overproduction a cause of the recession?
It was a cause of the depression, and probable the recession but I'm not sure
What was a cause of the Persian Gulf War and was also a result of British imperialism?
The establishment of the Kingdom of Iraq, and the exclusion of Kuwait from Iraq by the British mandate, in 1918.
How would you describe the war of Iraq?
Discribe the war of Iraq
Where did the Iraq war occour?
Iraq...
Who are the stakeholders in Iraq war?
Iraq and U.S.A...
What are three of the challenges your new president will face?
Pulling us out of the recession, living up to the expectations of a president, and ending the war in Iraq and or pulling our troops from Iraq.
Was oil the cause of the Iraq war?
Mostly- YES.
Which of was a cause of the Iran Iraq war?
There was no war between Iran and Iraq in 1969. War broke out between them in 1980. To read about the causes of that war, please see the Related Question below.
Is overproduction a cause of the recession?
It was a cause of the depression, and probable the recession but I'm not sure
Can chewing ice cause gum recession?
no it can't but it isn't very healthy for gums but it won't cause recession
What was the name of the war with Iraq?
Iraq war
What type of music do Iraq people listen to?
stop the war in Iraq please stop the war in Iraq please stop the war in Iraq please stop the war in Iraq please
How can the US come out of a recession without borrowing from another country how many years will it take to do this or is this even possible?
Get rid of Bush, end the war in Iraq, and spend money starting slowly.
Who was in the Iraq war?
The people involved in the war in Iraq are the US, Iraq and the UK.
What was a cause of the Persian Gulf War and was also a result of British imperialism?
The establishment of the Kingdom of Iraq, and the exclusion of Kuwait from Iraq by the British mandate, in 1918.
What war began in 1980 after Iraq was invaded?
There was a war that began in Iraq in 1980, but the war began with an invasion of Iran, not Iraq. That war is the Iran-Iraq War and lasted from 1980-1988.
Was Iraq at war in 1983?
Yes, Iraq was at war with Iran from 1980 to 1988. This was called the Iran-Iraq war.
