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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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What factors contributed to the industrial boom in the 1800's?

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.


How did Hamilton propose to solve the nation's financial problems?

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.


What were some of the economic problems in the roman empire in the third century?

Government problems


Why was the national government under the article unable to solve it's financial 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.


Why were states experiencing financial problems in the 1780s?

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.

Related Questions

What economic problems do politicians most commonly face?

Inflation and Recession.


Are non-profit organizations more likely to shut down due to the recession?

With the current financial problems every company can have problems. Please research the financial strength of the company.


Why have people lost their jobs during the recession?

they lost their jobs because of the economic problems and more import.


What problems did the Asian countries face as the worked toward economic development?

financial problems


What problems are there in the US?

Sickness, lying, cheating, dying, the crime rate, unemployment, the mortgage failure crisis, homelessness, and the economic 'recession'.


How is Central America impacted by a recession and financial problems in the US?

Something will backfire. I would think that there would be fewer opportunities for people to emigrate to the US.


Why do people have financial problems working for small companies or collecting unemployment?

A. don't have insurance.


What kind of problems would an economic interest group most likely be concerned with?

financial


What kind problems would an economic interest group most likely be concerned with?

financial


What kind of problems would an economic interest group most likely be concerned?

financial


What causes financial problem?

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.


Economic problems in other parts of the world have a tremendous impact on US companies?

True