Causes of Economic Recession

When a nation’s calculated gross domestic product is affected negatively on account of a decline in the economic activities, the situation is described as an economic recession.
Comments on article "Causes of Economic Recession"
Name Views and CommentsDate
aminat in case all these solution's techniques have been used yet no changes,what can be done? 10/21/2009
roslyn smith very simple and straight forward 9/17/2009
Anara i am from Kazakhstan and it is claimed to be liberal democracy right over here, which involves having capitalim. in the current situation of recession, it is hard to think of a capitalism in terms of the best thing the humanity has come to. Don't you think that this can sign the new era of a new regime, silent revolution of society against drawbacks of Capitalism? now we came to the abyss of Capitalism, and it is about right time we built the bridge over it to the new way of life 5/31/2009
zohaib khan i think it is very useful and good material to learn and read 5/27/2009
M M Kapur I think the recession is related to loss of public confidence in social content of governance and this impacts public,,markets,consumer 5/20/2009
Ejike Okongwu In time like this even the strong dont survive it. WE have to review our economic policy and how it will benefit ordinary citizen in the remote villages.
We must survive it with faith.
4/7/2009
obinna lazarus for countries like nigeria to come out of resession,i sugest they adopt a comparative economic system. 4/3/2009
Rochelle Upton How much did the Bush Administration really contribute to the present recession? When oil prices went up should they have done something then? 3/12/2009
Samson the health is being affected by this problem
some articles regarding the health industry may help
3/9/2009
Laurie This is an excellent article; just what I needed. 3/1/2009
ramya its an nice article. am very much helped with ths article, thank u 2/22/2009
George Richter Notice that the stores are full. We have a surfeit of food and goods, but because of mechanization and productivity gains, we do not need every body working. So we have laid-off thousands, causing heartbreak and hardships.
If we are able to distribute this wealth of goods, then we can do many things to encourage wise employment and production of goods. We eliminate economic suffering. The book T.E.A.F.S. solution gets 'Consumer Dollar's’ out to all. TEAFS prescribes a way of rewarding best those who contribute most to our well-being.
Look for TEAFS at Amazon and learn more.

Dr. George Richter, PE,CMfgE
2/18/2009
idowu dare also incresing tax, encouraging export and discourinbging impoprtation so that there will be no inflation or reduction in inflatin, sell bonds at a cheaper rater so that people will be encourage to buy. 2/13/2009
idowu dare not the printing of money is the solution, but give more opportunity in production by using the labor intensives and capital intensives. also the use of capital accumulation i.e investing more on both the physical and human capitalfor bthe production.govrnment should tade with the couintry that are capitaly rich relitives to the one that are loborly rich so as to balance the problem of the economics. 2/13/2009
idowu dare i stongly believe that when there is reduction in interest rate, it will ngive room those who are interested in investing, becos when threr is low interest rate, there will be high rate of investment in the contry as a whole. 2/13/2009
idowu Dare to m e, government should focus more on other sector of the economy. one of the major sector is manufacturig to servicese sector.and also there should be reduction in mortging good to underemployed people. provide employment opportunities, giving incentive to the people that dont have opportunity to work in a good places. there shoud be a reduction in intrest rate. i pray God will help us. 2/13/2009
R. Staley We need to manufacture, service and other industries exclusively in this U.S. country with a strong dollar and capital investment at home in US. do not print any more money, coin, if we must write off uncollected debt which is chronic, don't expect development countries to pay interest on loans we gave them in the past. etc., encourage infrastructure investment in the U.S. and maintain and hold the course, but most of all remove burden on medical community through elimination of services for visitors to this country or an alternative would be to seize collateral real estate from visiting persons real estate in foreign country. Do facilitate and keep wages up because it leads to savings and capital investments, encourage savings at an early age, I will consult with any individual who would like economic-strategic ideas to eliminate the severity of up's and down's but it will cost you. There is a law of diminishing returns and management of capital including human capital.
3/18/2008
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