Friday, April 17, 2009
INTERESTING NEWS
RECESSION
In economics, a recession is a general slowdown in economic activity in a country over a sustained period of time,
A predictable long-term pattern of alternating periods of economic growth (recovery) and decline
COLLAPSE- sudden, dramatic drop in economic activity, market prices, or a company's condition.
MAYOR PANIC-Sudden, widespread fear of economic or market collapse, leading to massive bank deposit withdrawals and/or falling stock prices.
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