Covid-19 and the Great Recession Economic Impact Comparison
The 21st century has seen two crises in just two decades. One in the form of the Great Global recession (GGR) of 2007-2009, and second in the form of the current COVID-19 outbreak. The underlying source of GGR was demand-driven as imbalances in the financial market discouraged aggregate demand in the housing sector, famously known …
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