Late-2000s recession

My Generation Marriage, Education and Gender Roles I am Nigerian but I grew up living in England between the ages of 9 and 18. My parents were born and raised in Nigeria. My mother lives in England and my father in Nigeria. Growing up, my parents encouraged me and my siblings to study hard in respected professions (Law, Engineering and Medicine), so we can be independent and be able to take care of ourselves. My mother feels education for girls and women is important as it ensures they are treated

The economy contracted 0.6% in 2009 as a result of the global financial crisis, but rebounded 15.1% in 2010, on the strength of renewed exports, before slowing to in 2011-13, largely a result of soft demand for exports during the second European recession. For long term growth, Singapore government is now focusing on value added sectors such as pharmaceutical and aerospace sectors as well as raising productivity of its work force. Production Output Performance Analysis Singapore Real GDP Singapore

production and jobs came an increase in spending in the United States. Life was good. The United States growth between the 1940 and 1970 was 4%. This was largely due to the big spenders, the baby boomers. This era of growth came to a screeching halt in the late 1970’s with an

Behind the global power of the U.S. dollar, hides the most significant form of currency you 've probably never heard of, the Petrodollar. The word “Petrodollar” was coined by the Egyptian economist Ibrahim Oweiss, as a way to describe how oil producing and exporting countries were accounting for oil units outside of the regular money supply. While the Petrodollar may not be a commonly used term, I would agree with Economist Jerry Robinson when describing it as, "the most brilliant [series of] political-economic

This paper is about the financial crisis in 2008 and how it all started as well as the ways that banking has operated and is operating today. I have watched all of Chairman Bernanke’s college lecture videos and he has gone into many different aspects of banking including how the Federal Reserve began, what lead to the recent financial crisis, and what we are doing as a nation to see what we can do to help eliminate from happening again. First, I will be summarizing Chairman Bernanke’s four lectures

need a economic system, which can easily encourage the growth of the bubble by borrowing and it was turned out that the financial system deregulated, short-term capital department is preparing to do so in the new era of laissez-faire capitalism. After 2000, deregulated, short-term capital department created a new mortgage business, which occupies a lot in house purchase loans and is still in increasing, making potential for the last asset bubble. The third change in the new era of liberal capitalism

In 2008, the market for purchasing and selling houses collapsed. Previous to 2008, speaking specifically between 2000 to 2006, many housing loan companies were offering a low interest rates, which lead to many lenders approving loan applications to individuals who had low or poor credit. When the collapse began, the once-low interest rates increased dramatically, causing many of those individuals were unable to keep up with their payments, which resulted in the foreclosure of their homes. To the

been a decline in America. Every since the middle of the 2000 decade, Jobs for middle and lower class started to depreciate. It was a major crisis in America, millions of people who work starting to lose their jobs. It hit the hardest when the automotive industry started to lay-off workers and also closing up factories and sending them to other countries such as China. The pain of every single individual felt was the end. In 2008 the recession came and blew threw millions of unemployed Americans. At

started in about 1929 and lasted until the late 1930s or early 1940s.[1] It was the longest, most widespread, and deepest depression of the 20th century, and is used in the 21st century as an example of how far the world's economy can decline.[2] The depression originated in the United States,

The three most important indicators of economic health are output, employment and inflation. Output is one of the indicators because if a country is producing more output, then less people would be unemployed which leads to a healthier economy. Employment contributes to the indication of economic health because when more people are employed then more output can be produced contributing to Gross State Product. Inflation is an indication because it determines how much real value is being lost(Graham)