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compare/contrast the response of countries to the Great Depression to the response of countries at the beginning of the Great Recession
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- The term Great Depression refers to the greatest and longest economic recession in modern world history. The Great Depression ran between 1929 and 1941. Critically discuss this statement, inclusive of what was the factors caused this depression and how the countries respond to those economic shocks?Can you compare and contrast the main points of the great recession and the great depression?During global recession, cite some good measures that our government can undertake to augment its present revenue to be able to finance its programs and project for development.
- Nelson and Plosser (1982) found that much of the recession following the oil shock of 1973-1975 was permanent. What are some reasons (at least two) that a recession may result in a permanently altered growth path in an economy?Why do some economists believe that better inventory control software may help to reduce the frequency and severity of recessions? Could differences in technology explain why recessions appear to be more frequent and more severe in poorer countries?Please explain how wealth destruction works in an economic recession.
- describing the economic viewpoints and theories of John Maynard Keynes. What were his views of the causes recessions and solutions to fixing them?Explain the application of Mauritius's business climate in promoting FDI from policy perspectives.The macroeconomic environment affects corporate performance, but the degree depends on the business cycle. Discuss how recessionary and inflationary macroeconomic circumstances affect enterprises.
- How does the 2008 market crash relate with todays economy? Give examplesWhich one of the following shocks can decrease prices and cause unemployment to rise? a) decrease in private investment expenditures b) increase in consumption expenditures c) decrease in interest rates d) increase in exportsHOW AND WHY WAS THE PROSPERITY AND ECONOMY OF THE 1950’S AND EARLY 1960’S SOUNDER AND MORE STABLE THAN THAT OF THE 1920’S?