Factors that affect recession are complex and vary between each incident. What most recessions seem to have in common is an over speculation in stocks, real estate, commodities or some combination precedes the recession. They are usually marked by a loss in confidence by the public which can affect the length/depth of the recession.
Australia mirrored the US; the draft, riots, protests, casualties, discontent.
Important events that happened in Australia in 1991 are;Australia goes into a recession in which Prime Minister Paul Keating famously announced ''This is the recession we had to have''.The Strathfield Massacre occurs killing 7 people.The first general strike in 65 years takes place in New South Wales.
John Howard was the 25th Prime Minister of Australia, serving from 1996 to 2007. This made him Australia's second-longest-serving PM. During that time, he built Australia up into a rich economy, settling it up to handle the worldwide recession most adequately. (He has not been credited with this, as Kevin Rudd is the prime Minister who followed, and actually experienced the recession.)
The government made poor decisions.
i dont know if your a kid but it will be over in 40 days
No
Australia and Canada
International trade is affected by recession very much.
Depends which country you're talking about. I am quite sure that the USA is not yet over the recession, but I know that Australia never had a recession to begin with.
Once we finish this "recession" we will be calling the last few years the "Greater Depression".
It will cost about 850,000,000,000 dollars to relieve us fro the recession
discussion
It has.
The suspect lending practices was one of the causes of the recession in the US in 2001.
it is important value that federation happened
Factors that affect recession are complex and vary between each incident. What most recessions seem to have in common is an over speculation in stocks, real estate, commodities or some combination precedes the recession. They are usually marked by a loss in confidence by the public which can affect the length/depth of the recession.