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Economies go into a recession after a decline in the Gross Domestic Product growth rate following a period of irrational exuberance. This exuberance can often be felt in housing or high technology areas.
Mireille Rempel
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What is relationship between inflation and recession?
The relationship between inflation and recession is that a recession will cause inflation to go down. The reason for this is due to their being less money being spent due to the recession.
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/
Is overproduction a cause of the recession?
It was a cause of the depression, and probable the recession but I'm not sure
A rise in business activity after a recession or depression?
An increase in business activity after a recession is an economic turnaround. An introduction of technology helps economies grown and come out of depression.
What is a result of worldwide economic interdependence?
Because national economies around the world are interdependent, a recession in one can cause a chain reaction of recessions or contractions in the rest of the world's national economies. This is why the Great Recession in the United States (2008-2010) led to the Euro Crisis (2010-2012, probably further). The converse is also true - a recovery in one economy can bolster and support national economies around the world; this is also happening as the United States and China got their feet back underneath them, the economies of Australia and several European countries also stabilized.
Can chewing ice cause gum recession?
no it can't but it isn't very healthy for gums but it won't cause recession
Did Jimmy Carter cause the recession?
no. he inherited the Ford Recession and tried very hard to fix it but the numbers would not go down (inflation and unemployment) so the people didn't re-elect him.
What makes a country to be headed into recession?
Bad economic and fiscal policies may cause a recession.
What cause current recession?
The current recession was caused by a failure of children to properly make their beds in the mornings.
Will the US go into recession?
It has.
What happens to unemployment rate after a recession?
After a recession, the unemployment rate will go down.
Did george w bush cause recession?
No. The president can not cause a recession . The causes of recessions are many and complicated and vary with each recession. One man or even one corporation can not cause a recession. As for preventing a recession or shortening a recession, even there, the president is more of a cheerleader or at best a coach than a cause. He can make suggestions but he can not change the law or set government fiscal policy - only Congress can do that. After each recession, new laws and regulations are put in place in hopes of preventing another recession, but people find ways around the laws or create new financial schemes that no one had thought to outlaw. Further the government can not legislate against greed or stupidity or bad management.
