Economy Before 9-11-01: Difference between revisions
From Dickinson College Wiki
Jump to navigationJump to search
No edit summary |
No edit summary |
||
| Line 16: | Line 16: | ||
-Negative situation of economy after 9/11 cannot necessarily be attributed to the terrorist attacks, because many of the problems were already there before | -Negative situation of economy after 9/11 cannot necessarily be attributed to the terrorist attacks, because many of the problems were already there before | ||
<p align="center">[[Economic Impact of 9/11]]</p> | |||
Revision as of 18:38, 1 December 2007
before september 11th
-shift from intellectual(techonology)to land based (coal and oil industries)sources of growth
-tax and interest rate cuts (lead to rise in housing industry/cost of living)
-global integration
-economy was in 3rd quarter of contraction/recession
-GDP was falling
-Unemployment was rising
-Negative situation of economy after 9/11 cannot necessarily be attributed to the terrorist attacks, because many of the problems were already there before
