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Which of the following refers to the period of worldwide economic decline from late 2007 through 2009 which caused high unemployment and foreclosures?
Wiki User
∙ 7y ago
The Great Recession
Wiki User
∙ 7y ago
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Discuss the common features of an economic depression?
Some common features of an economic depression include high levels of unemployment and high levels of foreclosures. The high levels of unemployment are indirectly responsible for many of the foreclosures. Another factor in foreclosures is the expiration of first-time buyer tax credits.
What is economic barometer?
Any measure of economic stability. Variables could be *the stock market, *interest rates, *unemployment *foreclosures *national debt, etc.
What is the worst sign of economic depression?
One of the worst signs of economic depression is high unemployment. Unemployment drives many of the other symptoms of depression (such as increased debt, mortgage foreclosures and unwillingness to spend on luxury items).
What are the different economic and non economic costs of unemployment?
Economic costs is the decrease in goods and services that occurs as result of unemployment but non-economic cost is the increase in goods and services that occur as result of unemployment.
What is the unemployment produced by fluctuations in economic activity called?
The unemployment produced by fluctuations in economic activity is called
Discuss the common features of an economic depression?
Some common features of an economic depression include high levels of unemployment and high levels of foreclosures. The high levels of unemployment are indirectly responsible for many of the foreclosures. Another factor in foreclosures is the expiration of first-time buyer tax credits.
What is economic barometer?
Any measure of economic stability. Variables could be *the stock market, *interest rates, *unemployment *foreclosures *national debt, etc.
What is the worst sign of economic depression?
One of the worst signs of economic depression is high unemployment. Unemployment drives many of the other symptoms of depression (such as increased debt, mortgage foreclosures and unwillingness to spend on luxury items).
the great depression?
a period during the 1930s when there was a worldwide economic collapse and mass unemployment.
What is the latest financial news?
The latest financial news is the impact the job markets are having with unemployment. This has a major role in the stocK markets, spending, foreclosures, and economic news.
Which of the following economic indicators measures inactivity rather than activity?
Unemployment rate
What are the different economic and non economic costs of unemployment?
Economic costs is the decrease in goods and services that occurs as result of unemployment but non-economic cost is the increase in goods and services that occur as result of unemployment.
What is the unemployment produced by fluctuations in economic activity called?
The unemployment produced by fluctuations in economic activity is called
What is the economic cost of unemployment?
Which economic indicator does not measure economic growth?
Unemployment rate
What situation did Franklin d roosevelt hope to cure?
He was faced with a great economic depression . Bank failures, business failures, mortgage foreclosures and unemployment all needed curing, There was also the problem of Hitler in Germany and the threat of global warfare to try to fix.
Disadvantages of free trade?
increases competition increase unemployment economic restructuring increases competition increase unemployment economic restructuring
