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The Global Financial Crisis in short!

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The Global Financial Crisis The Global Financial Crisis (GFC) of 2008-2009 was a major economic event that had far-reaching consequences for countries, businesses, and individuals around the world. The crisis was triggered by a combination of factors, including a housing…

What is a Recession?

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What is a Recession? A recession is a period of economic decline characterized by a decrease in the gross domestic product (GDP), employment, and trade. It is often considered a severe and prolonged downturn in economic activity, lasting several months…