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The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis ...
The Great Recession had a major impact on the economy. But even though it was incredibly harmful, it didn’t come close to the severity of the Great Depression.
The Great Recession didn’t just affect the United States; all countries with rapid credit growth and large account deficits were impacted. Global trade nearly collapsed, declining by 15% between ...
The Great Recession occurred 17 years ago, from December 2007 to June 2009. Led by a crash in the housing sector, it was the deepest recession since World War II and resulted in noteworthy ...
I was in college when the Great Recession officially ended in June 2009. But I couldn’t find a job that summer or the next one because the effects of the recession, which reverberated throughout ...
The Great Recession inspired money lessons relevant for any economic crisis. Find out which ones still apply today. Skip to Article. Set weather. Back To Main Menu Close. Quick Look- ...