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Q: Why the recession in us economy affecting the world economy?
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Why the recessien in the us economy affecting world economy?

The U.S. is a prominant figure in the world economy. Many countries trade with the U.S. When people are buying less in a recession in the U.S., countries that trade with us have less business and their economy slows down with ours.


How Is the US Economy Doing?

right now 2009 the us economy is in a recession, but could in a depression later on in the future if we are in a recession for too long.


If there's a recession in the us economy do it influence the economy's of Asia?

potatoes are round


Why did the US economy collapse in 1920?

The United States economy was in recession due to the spending of World War I during the 1920s. This caused the Depression where there was a decline in real products.


How much did US imports shrink due to the recession of 1858?

On a national basis the recession of 1858 effected many aspects of the US economy. As one example, imports decreased by 25%. With the economy in recession, money to purchase imports went down.


What does a down term in US economy mean?

Recession of the economy, or falling part of one economic circle.


Is the us economy in a depression in 2009?

The US economy is in recession, as people have less money to spend. It is not yet a depression in which the entire ecomomy collapses, but it could still happen later on.


What is the economic growth of World War 1?

The US economy was in recession at the start of WW1 but experienced a boom when the warring countries started to purchase military goods from the US. Afterwards, it went into recession again due to tremendous war spending after the US entered the war, with around 52 percent of GNP used up.


Factors which slowdown economy of US?

The recovery from the recession in the US economy has been slower than expected in 2014. This is because of a lack of consumer confidence reflected in the area of consumer spending.


Did US spending during World War 2 increase?

Obviously. Prior to the war, the United States was in the midst of a finantial crisis. The war helped heal the economy and brought it out of the recession.


What is difference between depression and a recession?

A recession is a low point in the economy. A depression is an extreme low point in the economy that lasts a long period of time. We are at a recession, in the 1930's their was a depression in the US.


Was true of the us economy after world war 2?

After World War 2, the US had the strongest economy in the world.