Causes Of The Great Recession In USA: An Economic Analysis

Main causes of the Great Recession in USARecession could be termed as a considerable fall in the spread of economic activity throughout the economy, which has lasted for much time. This has been visible normally in real gross domestic product (GDP), employment, actual income, sales associated with retail and wholesale along with industrial production (Aguiar, Hurst and Karabarbounis 2013). The recession of US has resulted in a global financial c…