Recession means decrease in economic activity led to the people's welfare pending. In the last two decades, the world recession beberapak times. consequently we still remember. Our
activities disrupted, because many unemployed, the stores are not
usually full, due to the manufacturer reduces its activity. Imported goods are also reduced.What's worse is depression. Which
famous Palong is depression that began 30 years earlier with the slump
in the share price on the New York Stock Exchange in 1929. Before the stock price plummeted, many event occurs such as factories closed and economic activity declined. Depression in the United States spread to other countries. Depression
means stagnant, stagnant market, no income, but the cost of the road
continues as salaries, rent equipment, pay for electricity and water,
and so on. In such circumstances, a factory owner can go bankrupt in one night. Lethargy it will affect all economic activity.The
recession is not as severe depression, recession because economic
activity sedakar mengendornya short and not too intensive. Nevertheless, the recession spread from one country to another country. Including to developing countries if developing countries' exports slumped, declining foreign exchange earnings. As a result, developing countries can not import needs for development. The quietest are farmers. Although no money, they can still eat.How do I fix this? First attempt, the market must be turned on, because the market is a key economic activity. The role of state companies was crucial to re mengidupkan market. These companies are still supplying goods and services. Trains and buses go on, staple factories keep producing without calculating profit and loss. Starting from basic ingredients, gradually broader market can be developed. Stalled due to depression would be more difficult to turn, compared slack because of the recession. Many people will be worried about the onset of the recession. The fear is that if oil prices continue to soar and lasts longer. Many plants may be closed and the recession. While the governments of industrialized countries continue to consult. Successful experience of the United States to prevent a prolonged recession when the stock market collapsed in 1989 studied. When
the stock price at the New
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Liberty Statue |
York Stock Exchange collapsed, the U.S.
government actually loosen financial wisdom, lowered interest rates,
money dimurahkan, so go ahead and market production is stimulated. It worked well. Britain's last follow that recipe. Lowered interest rates. We make sense of what recession? That is, do not stop shopping needs, even though prices are a bit expensive. The manufacturers also do not speculate. This recommendation is given to the people in the USA and other countries. Anyway, we should not be too scared. Recession, let alone depression like 1929, will not happen again. Countries in the world are more experienced in the face. Judging from the history of the economy, a recession always comes over and over. For example, every eight or ten years. In
our country, the United States, for example, a recession is over and
given a beautiful name: South Sea Bubble in 1720, Panic of 1837, Panic
of 1873 Jay Cook, Tuesday Grey Dark 1929 and September 1989.Source: Adam Kookavic
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