The Recession of 2008 was caused by an aggregate demand (AD) shock.
Ronald Reagan
Ronald Reagan
The current recession was caused by a failure of children to properly make their beds in the mornings.
George W. Bush
No. Gas prices have not caused this recession. This is because of the severe credit crunch.
The suspect lending practices was one of the causes of the recession in the US in 2001.
No they ARE caused by the recession of the first wave which IS caused by an earthquake.
Reduced Consumer Spending
the end of wartime employment
The Countywide Recession
the end of wartime employment