In this article, I have tried to explain the US Housing Bubble that occurred in 2008. There is so much data, and therefore, I have mentioned only crucial points and kept the content as brief as possible. 2008 U.S. Housing Bubble and Great Recession: During the 2008 Housing bubble or subprime mortgage crisis, the stock […]
Inflation: We all have experienced Inflation in our lives one time or another. Every individual knows that the price of any item; it might be food grains like rice and wheat to precious metals such as gold and silver, increases over time. The first time I ever remember the price of rice was ₹8/- per […]
Gross Domestic Product or GDP is the monetary value of all final goods and services produced within a country during a specific period. GDP is the most important measurement of a country to estimate the size of the economy and its growth rate. It is considered as a scorecard for a country’s overall economic health. […]
Recession, Economic Crisis, Economic Depression, whatever may be the term we use, the economic situation is always distressing or even worse for the affected region. Recession means a significant decrease in the general economic activity of a state, country, or the whole world. Normally, if there is an economic decline in GDP (Gross Domestic Product) […]
