Hi, I’m really confused. anyone able to explain this? Thank you :) (it’s an example from my geog textbook)

1 answer
Question:

Hi, I’m really confused. anyone able to explain this? Thank you :)
(it’s an example from my geog textbook)

Answers

Answer:recession is when there is a decline in the economy and trade and industrial activity is lessened. It is global when this one recession affects other countries across th world. in the given example there was a recession in financial firms but since they were the worlds largest it affected multiple countries and caused their economies to shrink.Explanation: I tried my best. I'm sorry if it wasn't of any help.

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-- 0.011559--