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Losses in the mortgage industry led to the reduction of available credit, and the resultant downturn of business growth. The situation worsened as affected individuals and companies cut back their own employment and purchases. The loss of capital and net worth has diminished the funds available for investment.
What else can I help you with?
The 1990's in the US was a time of?
economic growth
In the 1990s the US was a time of?
economic growth
Did the US entered a time of economic prosperity?
true
How did economic causes contribute to the fall of Rome?
Rome had a bad leader at the time.
What is economic state?
The state (or shape) in which the economy is in at the time. Ex. Good or Bad
Which time period in US history could be considered a time of economic expansion?
The 1940's.
How bad habit affect us?
Bad habits can affect us negatively by hindering our personal growth, damaging our physical health, and creating barriers in our relationships. They can lead to procrastination, increased stress, and decreased productivity. Over time, bad habits can also contribute to mental health issues and lower self-esteem.
What is economic bad?
Ecomic bad may be defined as the factors which affect the development of economic activities.
Does US have bad weathers?
not lot of time but they do have bad weather like earthquakes, thunderstorms and even hurricanes
Is the internet bad for us?
internet is not bad for us it is bad when we are misusing it .
How is Japan's economic's?
Bad
What was a bad time when the Japanese fought with the US?
In 1943, the "tide" in WWII was pointing to the axis. The time that was bad for the Japanese was 1944-1945 when most of their islands were conquered.
