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- What Economic Recession is all About By:-Tim Staines
What is an economic recession? This occurs when there is a significant decline in the economy which usually lasts for months. This is visible in terms of consumer spending, employment, industrial production, real income and wholesale trade.
- The Credit Crisis Is Fuelled By Fuel Prices By:-Terry Cartwright
Much of the financial crisis in the world is caused by a lack of confidence between banks and financial institutions and their clients which are symptoms of the credit crunch not the root cause. Changing the supply and demand for oil which is the root cause would restore confidence and avoid financial turmoil.
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