One of the major causes of the recession American experienced in 2007 was due to the issues with mortgages. Banks gave loans to people who could not afford the mortgage on the home. Banks would then sell the loan to another bank. People who could not pay the loans would go into foreclosure. The asset value of the home decreased although the repayment of the debt remained the same.
which type of Impact on Indian market byt Global recession
A recession.
An Economic Recession is a period of economic contraction (The Growth Rate shrinks and becomes stagnant)
Boom-Recession-Depression-Recovery-Boom.
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recession causes an increase in poverty
The Countywide Recession
Recession
Recession in Zimbabwe, link your answer to business cycle
The suspect lending practices was one of the causes of the recession in the US in 2001.
The recession causes stock prices to drop as a whole except a few defensive stocks such as Wal-Mart.
There might possibly be multiple answers since this guy said recession. If so the most possible answer is " Expansion" if you are givin the choice to do recession or expansion its gonna be expansion. Ive done research and the answer is different depending on the program so this is a question youd have to do some research on
it causes a recession
Recession causes people to have less money. This happens due to loss of jobs and hence loss of income. If a person doesn't have income, he/she cant pay the mortgage. Hence recession and mortgages are related.
Due to corruption of political leaders and ignorance of people about their rights and duties in nation.These are the major cause of recession in PAKISTAN.............
Two justices had retired from the Supreme Court.
in 1845 it was because of the famine but no Ada's its because of a recession