October 6th 1973 Oil Crisis was a direct cause of the Economical Crisis. OAPEC refused to export petrol to supporters of Israel because of the Yam Kippur War where Syria and Egypt invaded Israel. Basically they issued an oil embargo. Alongside the oil crisis, USA had decided to float the dollar, which was devalued.
Economic crisis is wherein there is negative GDP growth lasting for two or more quarters. It is severe recession or depression.
in July 2006
Yes
A crisis is a dangerous situation, whereas a meltdown (by analogy to a nuclear reactor) is a complete collapse. A crisis, if not handled correctly, can result in a meltdown.
The collapse of the Soviet Union led to the economic crisis of 1991 in Cuba. This was due to the close ties between Cuba and the Soviet Union.
Yes I do believe we are in a economic crisis
Personally, yes education is the solution to economic crisis.
yes! economic crisis
You have to be more specific when you are talking about "crisis". Do you mean the economic crisis?
A financial crisis is when wall street and the banks are failing. An economic crisis is when there is high unemployment or a recession.
The economic crisis has severely affected the availability of credit. It is also termed as the credit crunch.
Economic Love-In - 1973 TV was released on: USA: 1973
concern over Germany's economic crisis
Economic crisis is wherein there is negative GDP growth lasting for two or more quarters. It is severe recession or depression.
Fannie Mae and Freddie Mac were not the reason behind the economic crisis.
Energy Crisis
I just learned the phrase for "economic crisis" in class the other day. Economic crisis is: jīngjì wēijī 经济危机 To just say crisis, you would say wēijī 危机