recession
Asked businesses to limit prices and workers to accept fewer pay raises.
After the war, farmers had an extra amount of crops. As the crop production began to increase, crop price fell a lot. No only did farmers face problems, but so did factories. Factories also had an overproduction. With not enough buyers to by the goods, the was a rise of unemployment. Rising unemployment meant that there were fewer people that could afford the goods. The mining industry suffers as oil replaced coal for fuel.
the concern is that unemployment may increase because fewer workers are needed.
To reduce supply/increase demand but with fewer products available, and thereby try to increase prices.
farm families began to produce fewer items for their own consumption
recession
Fewer jobs are available and unemployment rise during a recession. If the recession becomes severe or long term it is then termed a depression.
recession
Recession For A+ Cheaters ( ;
Asked businesses to limit prices and workers to accept fewer pay raises.
With no capital to increase production facilitites, and many businesses failed, there were far fewer jobs available.
There are fewer fish during El Nino because El Nino causes dramatic temperature fluctuations. This combined with rapidly rising or decreasing water levels lead fish to find a more stable environment in which to live.
After the war, farmers had an extra amount of crops. As the crop production began to increase, crop price fell a lot. No only did farmers face problems, but so did factories. Factories also had an overproduction. With not enough buyers to by the goods, the was a rise of unemployment. Rising unemployment meant that there were fewer people that could afford the goods. The mining industry suffers as oil replaced coal for fuel.
Have fewer perids of unemployment in their lifetime
Many people make nearly as much on unemployment as working. If unemployment ran forever, it is likely that fewer people would ever find work.
the concern is that unemployment may increase because fewer workers are needed.
Unemployment rate rises as output falls so fewer workers are needed. Cosumption falls as people become poorer due to unemployment so they cannot spend but save so this leads to a fall in investment as firms dont make as much profit due to less people spending.