Effects of Deep Global Recession

Related BrainMass Solutions

• Financial Crisis - Subprime - 2007-2009

  The issue of the housing bubble burst had led the country into deep recession in December 2007, from which the country was only able to recover in June 2009.

• Current Global Business Situation & Effect on U.S. Economy and Business

  Among these the issues making severe effects on US economy is inflation, recession, and bailouts etc.

• Aggregate Demand & Supply

  A deep recession occurs for AD, GDP and price levels are determined.

• Current Global Environment & Effect on Business

  When we look towards future trends, we can see that changes must be made or else the global environment will remain in a stagnant situation, which will lean towards another recession across the globe, much like the global recession we experienced several

• Labor and Jobs Mismatch

  And that 'the changes now taking place in the labor market may produce an unusually large number of losers, partly because they have coincided with a particularly deep recession and partly because they are happening exceptionally fast'.

• Tectonic plate movements and atmospheric circulation

  The locations of the land masses have significant effects on global wind patterns, by controlling ocean circulation patterns. Currents in the deep ocean exist because of changes in the density of sea water occurring at the surface.

• Coca Cola and Business Cycles

  to rise above the undesirable effects of the business cycle, specifically at a recession and depression phase.

• Causes of the 2008-2009 Economic Downturn

  Pettinger (2013) explains, "The recession began after the 2007/08 global credit crunch and has led to a prolonged period of low growth and rising unemployment.

• The global conveyor belt and oceanic currents

  The upper 100 meters of the ocean's surface is controlled by atmospheric wind currents such as the Coriolis effects.