from one of the longest and deepest recessions since the end of WWII. The definition of a recession is‚ a general slowdown in economic activity‚ a downturn in the business cycle‚ and a reduction in the amount of goods and services produced and sold. This is precisely what happened to the U.S economy from 2007-2009. For the years leading up to recession‚ a then booming housing market lead some to believe a recession was inmate. Since the start of the recession‚ the United States has tried to regain
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Recession hits local retail industry hard http://www-rohan.sdsu.edu/~gopez/story1.html San Diego County retail sales Home | Overview | The Data | Final Project | Story Highlights San Diego retail trade sales decreased 7.5 percent in 2008 when adjusted for inflation. Small and large retail businesses have made cuts to decrease losses. Economist says sales will remain stagnant in the near future because of debt‚ the collapse of the housing market and high unemployment Recession hits local
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Impact of Recession on IT industry in India Author : Dr. Kotkar S.N. Abstract A recession is a contraction phase of the business cycle. The effect of recession is on all sectors but the main effect is on IT industry. In that mainly related to lob loss and unemployment. There are also some remedies on recession which helps to become a stable in the market. This paper presents the reasons of recession‚ impact of recession on IT industry in India and remedies on recession. Keywords: recession‚ Job
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India during the ’great recession’ India during the ‘Great Recession’ Introduction: Economists called the financial crisis of the 2007 - 2009 as the “Great Recession”‚ since it is a critical factor and vital cause for the failure of many businesses and significant influencer that has worsened many economies. After US busted out the housing bubble‚ this raised the rates of sub-prime and mortgage rates. India‚ the country which is fully an export driven economy like many other countries‚ the GDP
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Recession One of the most commonly used term nowadays is “recession”. We read about it in newspapers an year ago‚ then heard about it in television 3-4 months back and now we are getting a feel of what exactly it is. Recession is not a new phenomenon‚ it last happened in America during 2002-2003 and many times before that also. But what makes this recession so fearsome is its magnitude and the countries which are being affected by it. What started out as a bursting of housing bubble soon crippled
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adolescent male victims of substance abusive‚ incarcerated fathers. A Brief Proposal by John Campbell The population of male inmates of state and federal correctional facilities is on the increase. Likewise substance abuse has consistently been linked to family dysfunction. Adolescents without supportive family structures are forced to develop role models from elsewhere. Although there has been substantial research done on the effects of incarceration and substance abuse on adolescents‚ singularly
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DONUTS”‚ Miss. Sama Naik Akhtar and Mr.Naeem Afzal who let us to complete our project. Without their kind co-operation‚ it was not possible to complete the work in a better way. We are also thankful to them for sharing the information‚ we needed. Thanks are also due to him‚ for providing us the better environment during our visits. As a final note‚ we are really grateful to our teacher‚ Honorable Prof. Sajid Javaid Akbar‚ who guided us‚ whenever we needed their guidance in the course of accomplishment
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ABSA‚ First National Bank- FNB‚ Nedbank and Standard Bank. These banks will form the core of this research proposal and the main focus will be retail banking because that is the core service offered by the mentioned banks and it will more cost effective for the researcher to gather information on the retail banking rather than all the services of the aforementioned financial institutions. The research topic is determining the factors that influence customer loyalty. The operating environment of banks
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Current Great Recession (2009-2011) The Great Recession in the United States began in December 2007 and went on for year and a half. Over that period‚ U.S. genuine GDP fell by 4.7 for every penny‚ making the subsidence the longest and most profound since the Great Depression (Blinder & Zandi‚ 2010). U.S. private venture dove by nearly 60 for every penny from its crest in the final quarter of 2005 to its trough in mid-2011; as an offer of GDP‚ it dropped from 6.3 for each penny in the final quarter
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low interest rates‚ cheap raw materials - steps taken to combat the slow economy of the past two years are paying off for many companies. "They are adjusting to a period of lower growth‚" said Wayne Stevens‚ president of Duff & Phelps Investment Research Co. in Chicago. "Price increases are difficult to come by. Volume expansion is difficult. You really have to do it by cost-cutting." Economists say it is too early in the earnings season to derive conclusions about the third quarter‚ and they
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