http://en.wikipedia.org/wiki/Cost-push_inflation
Exaggerated Example:
Lets say the US had no oil at all. Then suddenly and rapidly (rapidly is the key like 3-6 months) the cost of oil went from $40/barrel to $4000/barrel. Because it happened so fast, the market could not come up with a better alternative. Businesses that rely on oil for operating or personal people rely on oil to get from point A to point B can't do so at a reasonable cost.
Typically Cost-push inflation will not happen because companies and governments are smart. If the cost goes too high, it will impact quantity and most importantly accelerates the development of alternative technologies that ultimately compete and reduce the cost for everyone.
I think the oil companies saw this with $4.00 gas. Suddenly everyone wanted a battery powered car and those technologies got a huge influx in cash. Given gas at $6 or $8/gallon, other options would eventually catch up and compete.
A recession can bring an increase of unemployed workers. This results in more unemployment compensation claims being filed and paid, meaning more people are collecting unemployment benefits.
They are complete opposites. Recession means growth rate is up, employment is down, and inflation is in the making. Prosperity, is the result of economic growth. Wealth is strong, a sort of reconstruction of the government's finale.
recession
Global recession is a period of economic slowdown. The Great Depression and Great Recession are two periods in time that experienced global recession.
It can lead to negative effects on the economic activity and can even cause a recession.
It's a typo. Usually "inflation" is intended.
There was no "Roosevelt" recession. There was a depression caused by the Wall Street crash of 1929, which occurred under the previous Administration.
A recession can bring an increase of unemployed workers. This results in more unemployment compensation claims being filed and paid, meaning more people are collecting unemployment benefits.
Stillman's clefts are caused by gingival recession, which is the exposure of the tooth roots due to loss of gum tissue. This recession can be a result of factors such as aggressive brushing, gum disease, or malocclusion.
They are complete opposites. Recession means growth rate is up, employment is down, and inflation is in the making. Prosperity, is the result of economic growth. Wealth is strong, a sort of reconstruction of the government's finale.
The adjective of recession is recessionary.
The world is in a big recession.
recession
advantages and disadvantages of recession
recommendation of global recession
Global recession is a period of economic slowdown. The Great Depression and Great Recession are two periods in time that experienced global recession.
It can lead to negative effects on the economic activity and can even cause a recession.