Yeah, the recession of 1930's is very famous as it had disturbed the economies of all the European countries as well as American economy and it took them a great time to recover their economies.
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The 2008 United States economic downturn was classified as a recession. A recession is defined as negative GDP growth for 2 or more consecutive quarters. In 2009 there was 3 quarters of negative growth before positive GDP began.
recession
Global recession is a period of economic slowdown. The Great Depression and Great Recession are two periods in time that experienced global recession.
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recession causes an increase in poverty
The first war ever recorded happened in 2700 B.C. , but there was a lot more unrecorded wars that happened before that happened.
An earthquake happened 17 years before the eruption.
Yes, they have happened throughout history
Yes. It has happened before.
I don't think they ever faced that problem in current times. Probably during the communism, the whole system was a one bog recession.
she is still around she just is not as popular as before.
History doesn't record that. It happened before people documented such things.
Technically a recession starts with two quarters of negative growth. If there has only been one such quarter published but it is clear that things are going to get worse before they get better then it may be clear that you are in a recession even if not technically so.
http://wiki.answers.com/Q/What_automatically_happens_during_a_recession" http://wiki.answers.com/Q/What_automatically_happens_during_a_recession"
A recession.
Subprime crisis in United states. To know what exactly happened visit crisisofcredit.com here you can see a video explaining how it happened
ARTDAY & BABIOLE'SHOP (BABIOLE.COM), which started in May of 1998, went bankrupt in April of 2010 and was liquidated; most likely due to economic recession.