The Panic of 1837: US Financial Crisis

The Panic of 1837

The Panic of 1837 There has already been a depression in the United States of America in 1837, which is far less famous than the Great Depression for two reasons. The first is that it was a long time ago, so  people don’t put the long-past crisis in connection with the current Financial Crisis. The second, however, is a much more interesting … Read more

Three Forms of Economic Systems We Have After the Market Crash of 2008

Forms of Economic Systems

1. Command- Capitalist command economy Command- Capitalist command economy was based on the old communist system were the state own most businesses, and control the economy with a series of rigid planning. This to many is the opposite of the free market economy, we practiced in part, before the market crash of 2008. A command- … Read more

2001 Recession: What it is and Why It Matters?

2001 Recession

What happened in the 2001 Recession?  As the economy headed into recession in 2001, businesses faced a classic pattern: they were producing more goods than customers demanded, causing inventories to build up. Companies then adopted painful measures to get production back in line with sales by cutting payrolls and slashing capital spending. Those austerity measures … Read more

What happened after the Great Depression of 1929?

After the Great Depression

What happened after the Great Depression of 1929? After the Great Depression of 1929, stocks spiraled downward for the next three years, losing a crushing 85 percent of their value. By that point, many investors abandoned the stock market altogether. But some stock strategists did recognize that stocks were ready for a rebound. Stock prices had … Read more

Subprime Mortgage Crisis: The Multinational Financial crisis

Subprime Mortgage Crisis

Subprime Mortgage Crisis The United States Subprime mortgage crisis was a Multinational Financial crisis that occurred between 2007 and 2010. Subprime mortgage financial crisis can be described as a sharp and unprecedented rise in home foreclosures that occurred due to the defaulting in subprime mortgage loans. This started during the fall of 2006 in the … Read more