Search results
Results from the WOW.Com Content Network
The average duration of the 11 recessions between 1945 and 2001 is 10 months, compared to 18 months for recessions between 1919 and 1945, and 22 months for recessions from 1854 to 1919. [6] Because of the great changes in the economy over the centuries, it is difficult to compare the severity of modern recessions to early recessions. [ 7 ]
Main page; Contents; Current events; Random article; About Wikipedia; Contact us; Pages for logged out editors learn more
Recession Period. Start. End. Time Elapsed Total. The Great Depression–Late ’20’s and Early ’30’s. August 1929. March 1933. 3 years, 7 months. The Great Recession–aka The 2008 ...
According to this definition, since World War II there were only four global recessions (in 1975, 1982, 1991 and 2009), all of them only lasting a year (although the 1991 recession would have lasted until 1993 if the IMF had used normal exchange rate weighted per‑capita real World GDP rather than the purchasing power parity weighted per ...
In the U.S., since 1854, when short-term interest rates have risen by 2.5 percentage points over a 24-month period, there has been a recession within three years around 69% of the time, according ...
The term recession is being thrown around a lot. Here are the basics.
Ancient history (The Bronze and Iron Ages are not part of prehistory for all regions and civilizations who had adopted or developed a writing system.) Bronze Age; Iron Age; Late Middle Ages. Renaissance; Early modern history; Modern history. Industrial Age (1760–1970) Machine Age (1880–1945) Age of Oil (1901–present) Jet Age (1940s)
An economic recession sends ripple effects across the economy. Although everyone feels the effects, most can only wait for sunnier economic times to appear. Knowing how long a recession can last ...