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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 »

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 »

External factors that may affect a company include the state of the economy, weather patterns, the law and social trends. External factors, which are uncontrollable, tend to affect companies differently. More »

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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 »

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 »

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 »

Economic freedom refers to a condition in which a person living in a community, state or country has the right to purse economic opportunities. This condition is associated with capitalistic countries where individual op... More »