obama
When the globalized economy, the economy of all countries, are in negative growth.
With Germany still being a rather large manufacturing power in the world, they began to have a serious lack of manufacturing orders. This made them particularly susceptible to a downturn in the economy.
Toyota has been affected by the economy. Just as the economy had a downturn so has sales from Toyota. Toyota's sales are reflective of the current economy.
It was an oil-exporting nation
Many believe that our economy is recovering from its latest downturn.
It was an oil-exporting nation
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A cyclical downturn, a bust, a recession: it depends on how serious it is and how long it lasts.
Some major UK banks did not manage their risk properly - to the point of recklessness.
a sudden downturn in the economy of the us. Over 5,000 buisnesses failed within a year. This happened when James Buchanan was president.
President Hubert Hoover expected the Reconstruction Finance Corporation to energize the economy and help the Stock Market poll out of its downturn. The Corporation was a huge disappointment.