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An economy grows reaches a peak then begins a downturn followed by a period of negative growth (a contraction) that ends in a trough before the next upturn. These ups and downs in an economy are often?
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What is meant by economic recession?
Recession means decrease in the employment rate, investment rate, profit rate of the economy, Idea of a downswing/downturn in a business or trade cycle. The Economic growth will be negative. If the recession period increase then this will be called depression.
What face of a business cycle can lead an economy into recession?
contraction
Why did the Great Crash represent a hallmark in the U.S. business cycle?
The Great Crash signaled a severe contraction of the economy.
A cycle of expansion and contraction phases that a nation's economy experiences over time is?
A business cycle.
Has negative current account balance always negative impact on the economy?
yes
What is global economic downturn?
When the globalized economy, the economy of all countries, are in negative growth.
What president is responsible for the downturn in the economy?
obama
Why was Germany particularly susceptible to a downturn in the economy?
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.
How has the economy affected recent Toyota sales?
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.
Why was a severe downturn in oil prices during the earlys detrimental to the soviet economy?
It was an oil-exporting nation
What is meant by economic recession?
Recession means decrease in the employment rate, investment rate, profit rate of the economy, Idea of a downswing/downturn in a business or trade cycle. The Economic growth will be negative. If the recession period increase then this will be called depression.
What face of a business cycle can lead an economy into recession?
contraction
Why was a severe downturn in oil prices during the early '80s detrimental to the Soviet economy?
It was an oil-exporting nation
How can you use the word economies in a sentence?
Many believe that our economy is recovering from its latest downturn.
What caused republicans to gain power in congress in 1938?
whoever said soo woo SOUND DUMB, its cuhh blood c;
What is it called when the economy is producing less than capacity?
A cyclical downturn, a bust, a recession: it depends on how serious it is and how long it lasts.
Why was UK's economy hit by the recent worldwide downturn?
Some major UK banks did not manage their risk properly - to the point of recklessness.
