WHEN DO WE KNOW WE ARE IN ECONOMIC RECESSION BY KIM DAVIS

WHEN DO WE KNOW WE ARE IN ECONOMIC RECESSION BY KIM DAVIS

When do we know we are in an economic recession? The indicators are based on a country's gross domestic product (GDP) falling over a six month period, or two successive GDP quarters. A recession can lead to an economic Depression, as was the case in the 1929 and 1930, but in recent history economic recessions have lasted just a short period of time (less than two years). During an economic recession company profits start to fall and this leads to a drop in the value of stock dividends. The 2008… Continue

Added by CHIDUEME CHIBUZOR RAPHAEL JUDE on November 5, 2009 at 12:56pm — No Comments