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  • An Overview On History and How We Can Fight With

    Enviado por

    Kamal Soni
    116 visualizações12 páginas
    The document discusses recessions, including their causes and effects throughout history. Specifically, it mentions that a recession is defined as two consecutive quarters of negative GDP growth. It provides examples of major recessions such as the Great Depression in the 1930s and the sub-prime crisis. While recessions can be harmful, the document notes that they can also spur innovation and policy changes, citing examples from Finland, India, and the UK. It concludes by recommending long-term strategies such as innovating technology, focusing on entrepreneurship, and restructuring industries to reduce recessions' effects.

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    Global Recession

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    © Attribution Non-Commercial (BY-NC)

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    The document discusses recessions, including their causes and effects throughout history. Specifically, it mentions that a recession is defined as two consecutive quarters of negative GDP growth. It provides examples of major recessions such as the Great Depression in the 1930s and the sub-prime crisis. While recessions can be harmful, the document notes that they can also spur innovation and policy changes, citing examples from Finland, India, and the UK. It concludes by recommending long-term strategies such as innovating technology, focusing on entrepreneurship, and restructuring industries to reduce recessions' effects.

    Direitos autorais:

    Attribution Non-Commercial (BY-NC)
    Baixe no formato PPT, PDF, TXT ou leia online no Scribd
    Sinalizar o conteúdo como inadequado
    116 visualizações12 páginas

    An Overview On History and How We Can Fight With

    Enviado por

    Kamal Soni
    The document discusses recessions, including their causes and effects throughout history. Specifically, it mentions that a recession is defined as two consecutive quarters of negative GDP growth. It provides examples of major recessions such as the Great Depression in the 1930s and the sub-prime crisis. While recessions can be harmful, the document notes that they can also spur innovation and policy changes, citing examples from Finland, India, and the UK. It concludes by recommending long-term strategies such as innovating technology, focusing on entrepreneurship, and restructuring industries to reduce recessions' effects.

    Direitos autorais:

    Attribution Non-Commercial (BY-NC)
    Baixe no formato PPT, PDF, TXT ou leia online no Scribd
    Sinalizar o conteúdo como inadequado
    de 12

    An overview on history and how we

    can fight with


    Recession???...
    When GDP growth is negative for
    two consecutive quarters or more

    When aggregate demand


    decrease due to any reason
    Causes and Effects
    Types
    History
    The Great Depression(1930’s)
    1970’s Oil Crisis
    1990’s Crisis
    1997’s Asian Crisis
    Sub-Prime Crisis
    Is recession is always harmful?
     Rise of Asian Countries as new markets

     After facing recession,Finland changed its


    focus on communication technology i.e.
    Nokia
     Recession bring liberal, privatization
    policy in India

     In U.K., Recession force govt. to


    restructuring of many manufacturing
    industries
    Conclusion
     Now we, when facing the recession, just need do
    not respond it but to make long term strategy to
    reduce its effect.

     Tryto Innovate the new technology & Economic


    policy

     Youngpeople should focus on entrepreneurship


    and business skills

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