Re:US Business Booms and Depressions Since 1775 (1943)
by banish-m4 on Tuesday May 21, 2024 @02:44PM
(#40432223)
Wat? Macroeconomic observations don't individually track every single microeconomic occurrence and assign a root cause that "Bob did it". There are many possible factors leading to recession but no singular root cause because it's macroeconomic, some include:
- OXPC: Over-expansion of productive capacity
- Contraction of credit
- Contraction of demand
- Knock-on effects of layoffs harming other sectors
- OXPC: Over-expansion of productive capacity
- Contraction of credit
- Contraction of demand
- Knock-on effects of layoffs harming other sectors