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depression
Increased desire for trade contributed most to the economic expansion that took place during the Commercial Revolution.
Increased desire for trade contributed most to the economic expansion that took place during the Commercial Revolution.
Shay's Rebellion in Massachusetts
Postwar reparations led to hyperinflation and economic collapse in Germany.
developments in transportation
Haiti and the Dominican Republic had internal political and economic problems.
During the 3rd Philippine Republic, from 1965 to 1986, the country faced various challenges including political corruption, economic instability, social inequality, human rights abuses, and the imposition of martial law by President Ferdinand Marcos in 1972. These issues contributed to civil unrest and a growing opposition movement that eventually led to the People Power Revolution in 1986.
When Corporations endure economic downturn, they must adjust to the economic slowdown. They will keep profits up by doing one or more of the following: Depress wages, Lay off workers, Increase prices, Reduce the pay to shareholders etc.
When Corporations endure economic downturn, they must adjust to the economic slowdown. They will keep profits up by doing one or more of the following: Depress wages, Lay off workers, Increase prices, Reduce the pay to shareholders etc.
Shortening see voyages between industrial centers and foreign markets
If it's a short downturn or slowdown during a business cycle, it's a recession. If it's a longer, sustained and more severe downturn, it's a depression.