Productivity tends to fall in the early stages of a recession, then rises again as weaker firms close. The variation in profitability between firms rises sharply. Recessions have also provided opportunities for anti-competitive mergers, with a negative impact on the wider economy: the suspension of competition policy in the United States in the 1930s may have extended theGreat Depression.
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by shrey verma.........naruto-uzumaki@hotmail.co.uk contact me on fb. for any more ques ;)
financial problems played a major role in a nationwide economic collapse. by 1893, 600 banks and 15,000 businesses had failed. by 1895, 4 million people had lost their jobs. by 1894, 1/4 of the nation's railroads had been taken over by financial companies. information from McDougal Littell "The Americans" textbook.
Alexander Hamilton proposed to solve the nation's financial problems through a series of measures known as his financial plan. He advocated for the federal government to assume state debts, establish a national bank to stabilize and improve the nation's credit, and implement tariffs and excise taxes to generate revenue. By consolidating debt and creating a strong financial system, Hamilton aimed to build confidence in the federal government and promote economic growth.
Government problems
The national government under the Articles of Confederation struggled to solve its financial problems primarily due to its lack of taxing power. It depended on voluntary contributions from the states, which were often insufficient and inconsistent. Additionally, the government had no authority to regulate commerce or impose tariffs, leading to trade imbalances and further financial instability. This inability to generate revenue and manage economic policy ultimately weakened the government's effectiveness.
In the 1780s, states faced financial problems primarily due to the aftermath of the Revolutionary War, which left them with significant debts and limited revenue sources. Many states had borrowed heavily to finance the war, and with the Articles of Confederation providing little authority to tax, they struggled to repay these debts. Additionally, economic instability, trade disruptions, and inflation further exacerbated their financial woes, leading to widespread unrest and calls for a stronger federal government. This financial crisis ultimately contributed to the drafting of the U.S. Constitution in 1787.
Inflation and Recession.
With the current financial problems every company can have problems. Please research the financial strength of the company.
they lost their jobs because of the economic problems and more import.
financial problems
Sickness, lying, cheating, dying, the crime rate, unemployment, the mortgage failure crisis, homelessness, and the economic 'recession'.
Something will backfire. I would think that there would be fewer opportunities for people to emigrate to the US.
A. don't have insurance.
financial
financial
financial
Financial problems can arise from various factors, including inadequate income, excessive spending, poor budgeting, and unexpected expenses such as medical emergencies or job loss. Additionally, high levels of debt, lack of savings, and financial mismanagement can exacerbate these issues. Economic conditions, such as inflation or recession, can also impact individual financial stability. Ultimately, a combination of personal choices and external circumstances often contributes to financial difficulties.
True