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Global economic meltdown is a state of economic crisis that simultaneously impacts the economies of multiple global powers. As of 2015, a number of commentators are questioning whether the world might be on the brink of ... More »

www.reference.com World View Social Sciences Economics

An economic meltdown occurs when a country experiences a sudden downturn in the state of its economy. During an economic meltdown, many people will be unemployed or underemployed, companies may go out of business, wages ... More »

www.reference.com World View Social Sciences Economics

As of 2015, members of the G-20 include Australia, Brazil, Republic of Korea, China and Germany. Other members include the Russian Federation, South Africa, United Kingdom, United States and the European Union. More »

www.reference.com Government & Politics International Orgs
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An economic meltdown occurs when a country experiences a sudden downturn in the state of its economy. During an economic meltdown, many people will be unemployed or underemployed, companies may go out of business, wages ... More »

www.reference.com World View Social Sciences Economics

According to the European Commission, Europe responded to the financial crisis by committing 13 percent of EU’s annual GDP between 2008 and 2011 to banks. On the same note, it also launched a recovery program in all Euro... More »

www.reference.com World View Social Sciences Economics

Traditional economic systems are economies based on dissemination of resources, products and goods based on rituals, routines and customs. Some nations have traditional economies, while traditional economies exist region... More »

www.reference.com World View Social Sciences Economics

Economic disequilibrium is a state where market equilibrium is unreachable due to internal or external variables. Disequilibrium can also occur when internal or external variables result in a disruption to the balance in... More »

www.reference.com World View Social Sciences Economics