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All countries across the globe are affected by this economic crisis. The ones that are worst hit are United States (USA), United Kingdom (UK), Germany, Japan, Brazil etc.
The economic crisis is believed to have originated from the USA but since they are the largest economy in the world and almost all countries are interrelated to one another the effect spread to all nations
Wiki User
∙ 15y ago
Wiki User
∙ 15y agoAll countries across the globe are affected by this economic crisis. The ones that are worst hit are United States (USA), United Kingdom (UK), Germany, Japan, Brazil etc.
The economic crisis is believed to have originated from the USA but since they are the largest economy in the world and almost all countries are interrelated to one another the effect spread to all nations
Wiki User
∙ 15y agoAll countries across the globe are affected by this economic crisis. The ones that are worst hit are United States (USA), United Kingdom (UK), Germany, Japan, Brazil etc.
The economic crisis is believed to have originated from the USA but since they are the largest economy in the world and almost all countries are interrelated to one another the effect spread to all nations
Wiki User
∙ 13y agoWiki User
∙ 11y agobuang ka ada
Wiki User
∙ 13y agoUSA
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Which developed countries are already in recession?
United States
Did abandoning the Gold Standard lead to the current recession?
No, excessive asset prices and inadequate financial regulation led to the current recession. Abandoning the gold standard got countries out of a far worse depression in the 1930s.
What is the great recession?
Recession means: When the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year It's actually a fall in GDP for 2 or more quarters....
Contributions of Gloria macapagal arroyo?
She saved the economy of the Philippines in the days of global recession, by travelling and negotiating with other countries
Are you in a depression or recession?
The world is in a big recession.
Most affected countries during recession?
In the recent recession the main affected countries are The U.S.A ,Europe, Japan and China and Asia as well.
Which countries are least affected by the recession?
Countries such as Turkey, India, China, Qatar, Canada and Australia are seen to be least affected by the recent recession.
Which developed countries are already in recession?
United States
Which countries are least affected by this recession?
Australia and Canada
When will this recession end?
Nobody for sure,but I don't think it will last too long.Let's say maximum about 5 to 10 years for all of the countries out of it.And then still need a few extra years for countries back to the original economical state before the recession.
Why was there a recession in the US in 1937?
Americans had less money and went into the recession because FDR had cut back on government spending. Many of the biggest cuts targeted programs such as the WPA, which had proved jobs to many workers. At the same time, FDR had increased taxes.
Did abandoning the Gold Standard lead to the current recession?
No, excessive asset prices and inadequate financial regulation led to the current recession. Abandoning the gold standard got countries out of a far worse depression in the 1930s.
Characteristics of an economic recession?
There are many areas which have undergone an economic recession. The four main characteristics of a recession are reduced value of assets, increased unemployment, an increase of government borrowing, and lower standards of living.
Design an anti recession stabilisation policy which is consist with a relative decline in the public sector?
This can be difficult. Many countries have been trying to fight off recessions for years and no one has been successful.
What is the great recession?
Recession means: When the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year It's actually a fall in GDP for 2 or more quarters....
Why the recessien in the us economy affecting world economy?
The U.S. is a prominant figure in the world economy. Many countries trade with the U.S. When people are buying less in a recession in the U.S., countries that trade with us have less business and their economy slows down with ours.
Has the recession ever happened before?
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. http://francewholesalers.com/
