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Why the recession in us economy affecting the world economy?

many events


How bad is the economy?

The world economy is not in good shape. The world bank as well as the banks of the United States have shown positive indicators of a recession.


What was the condition of America’s economy following World War I?

there was a brief recession, followed by economic growth


What is the world wide depression?

World wide depression is nothing but the effect of Recession. Due to Economy Recession many people lay off and pink slips, this caused depression to the victims since the recession is sheer global economy, the depression raised globally.. Let me know if you need further deep dive. -Jitendra Nath Palem


What was the condition of americas economy following world war 1?

There was a brief recession, followed by economic growth


How did World War 2 affect socio-economic forces in America?

All the different socioeconomic variables improved. The economy boomed. People had jobs, they could afford to buy homes/cars and go to college. Businesses were booming too. Soon the US became a consumer economy until the recession of the 1970s.


Why the recessien in the us economy affecting world economy?

The U.S. is a prominant figure in the world economy. Many countries trade with the U.S. When people are buying less in a recession in the U.S., countries that trade with us have less business and their economy slows down with ours.


Why did the US economy collapse in 1920?

The United States economy was in recession due to the spending of World War I during the 1920s. This caused the Depression where there was a decline in real products.


What is Australia's economy currently?

In today's world of recession that has hit the world in a very big way, both the U.S.A. and Europe are suffering. Australia, on the other hand, has not felt the recession as much as U.S.A. and Europe, and job cutting has not begun.


World economy after World War 1?

Well straight after WWI was the Great Depression so we were in a recession. Then came WWII and we got back on track


What is Australia economy?

In today's world of recession that has hit the world in a very big way, both the U.S.A. and Europe are suffering. Australia, on the other hand, has not felt the recession as much as U.S.A. and Europe, and job cutting has not begun.


Are you in a depression or recession?

The world is in a big recession.