A complete seizure of economy may be the word recession, Reason as such may be due to:
Human psychology to acquire more wealth than required, regardless of who contributes to next series of human beings to do so, even though none can enjoy it in their own life time.
Ultimately a GREEDY society to block the economy either by huge investments without any returns, or by lavishly spending expecting more returns etc.
The Sub-prime Mortgage Crisis is an ongoing economic problem that had become more apparent in 2008 and has resulted in reduced liquidity in the global credit market and also the banking & financial systems. This crisis has exposed the weakness in the global financial system and also the regulatory framework that is overlooking them.
Some of the reasons for this crisis are:
1. The US Real estate market crash
2. High default rates on Sub-prime loans &
3. Sub-prime Mortgage backed securities
A Sub-prime loan is a loan that is granted to a borrower who does not qualify for loans owing to a variety of risk factors like low income level, bad credit history etc
people were starving,, no jobs, disease and famine were the root causes, while the aristocrats were living a most wonderful life with no thought of their fellow man.
The key factors contributing to the devastation and impact on society in the medieval battle aftermath were high casualties among soldiers and civilians, destruction of infrastructure and property, economic hardship, and social disruption.
Wars lead to recessions because of the opportunity costs associated with them. However, this is much more than a recession. The war would have resulted in general economic unhealthiness--speculation as a form of growth, rather than the production of goods and services. The correction of this unhealthiness, by itself, would have led to a pretty bad recession. However, the factors really behind the economy falling off a cliff, are purely financial and economic in nature.
Factors that affect recession are complex and vary between each incident. What most recessions seem to have in common is an over speculation in stocks, real estate, commodities or some combination precedes the recession. They are usually marked by a loss in confidence by the public which can affect the length/depth of the recession.
Recession is most closely related to the theme of economic downturn, characterized by a significant decline in economic activity across various sectors. This theme encompasses rising unemployment, decreased consumer spending, and reduced business investments, often triggered by factors such as financial crises, high inflation, or external shocks. Additionally, it highlights the interconnectedness of global economies and the impact of fiscal and monetary policies in mitigating or exacerbating economic challenges.
No, a depression does not always follow a recession. While a recession is a period of economic decline, a depression is a more severe and prolonged downturn in economic activity. Not all recessions lead to depressions, as various factors can influence the severity and duration of an economic downturn.
One factor that was not a cause of the 1937 recession was a lack of technological innovation. Unlike previous economic downturns that were often linked to technological stagnation, the 1937 recession was primarily attributed to fiscal tightening, the Federal Reserve's decision to raise interest rates, and reduced government spending. Additionally, the economy was still recovering from the Great Depression, and these policy shifts led to a contraction in economic activity. Thus, technological advancements were not a contributing factor to this specific recession.
The strong economic power of the United States is what made the recession of 2000 in the US a mild one.
There were many contributing factors to 2008's recession. The main factors were; AIG, poor lending from big banks, and false real estate inflation. Fidelity played only a small part.
Factors that contribute to the acceleration or deceleration of a recession velocity include changes in consumer spending, business investment, government policies, and international trade. These factors can either speed up or slow down the economic downturn.
Michael Manning has written: 'Factors contributing to the lack of investment in Papua New Guinea' -- subject(s): Economic conditions, Economic policy
You are in deflation. This may be due to a recession or to other factors.
Long term effects of the recession contributed to the Latin American debt crisis, the savings and loan crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.
Long term effects of the recession contributed to the Latin American debt crisis, the savings and loan crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.
Long term effects of the recession contributed to the Latin American debt crisis, the savings and loan crisis in the United States, and a general adoption of neoliberal economic policies throughout the 1980s and 1990s.
people were starving,, no jobs, disease and famine were the root causes, while the aristocrats were living a most wonderful life with no thought of their fellow man.
The key factors contributing to the devastation and impact on society in the medieval battle aftermath were high casualties among soldiers and civilians, destruction of infrastructure and property, economic hardship, and social disruption.