Category: Recession

Introduction Entrepreneurship is defined as the practice of starting a new business venture or renewing an already existing business based on new opportunities and ideas. It entails taking risks, being resourceful and venturing into the unknown business fields. This makes it to be associated with uncertainty (Shukla, 2009, para.2).An entrepreneur ensures development of a business…

Introduction Economic recession can be defined as a prolonged decline in economic sector in a given country. In other words general business field in a country is affected. It is normally characterized by low productivity and investments as well as big percentage of unemployment. It is when gross domestic product (GDP) falls for three consecutive…

Introduction Entrepreneurship is defined as the practice of starting a new business venture or renewing an already existing business based on new opportunities and ideas. It entails taking risks, being resourceful and venturing into the unknown business fields. This makes it to be associated with uncertainty (Shukla, 2009, para.2).An entrepreneur ensures development of a business…

Table of Contents Responsibility of Crisis Monetary Policy Relationship to Fiscal Policy Authoritative Policy Making Bodies Limited to Persuasion Is the Fed an Independent Body? References Responsibility of Crisis A number of factors may have triggered the 2008 financial crisis. But the factor that stands out the most is the shortfall in liquidity that was…

The economy of any country is largely influenced by the banking sector due to the significant roles they play in the financial markets. The level of profitability and revenue margin of UK banks was greatly affected by recession that started towards the close of 2007. Due to the nature of globalization, no single country is…

The economy of any country is largely influenced by the banking sector due to the significant roles they play in the financial markets. The level of profitability and revenue margin of UK banks was greatly affected by recession that started towards the close of 2007. Due to the nature of globalization, no single country is…

Table of Contents What Is the Economic Meaning of a Recession? Fiscal Policies Monetary Policies Use of Demand-Side Policies during the Great Recession References What Is the Economic Meaning of a Recession? A recession is a notable reduction in the economic performance of a nation that lasts for more than a few months affecting labor…

Table of Contents What Is the Economic Meaning of a Recession? Fiscal Policies Monetary Policies Use of Demand-Side Policies during the Great Recession References What Is the Economic Meaning of a Recession? A recession is a notable reduction in the economic performance of a nation that lasts for more than a few months affecting labor…

The United States experienced a recession in 2008, which extended to other European countries. According to Bargain et al. (2017), recession refers to a considerable reduction in economic activity within a particular economy, which lasts for many months. It is normally visible in real gross domestic product (GDP), employment rate, wholesale-retail purchases and sales, manufacturing…

The United States experienced a recession in 2008, which extended to other European countries. According to Bargain et al. (2017), recession refers to a considerable reduction in economic activity within a particular economy, which lasts for many months. It is normally visible in real gross domestic product (GDP), employment rate, wholesale-retail purchases and sales, manufacturing…