2 ms·
Wat? Macroeconomic observations don't individually track every single microeconomic occurrence and assign a root cause that "Bob did it". There are many possibl
by banish-m4 2y ago
Wat? Macroeconomic observations don't individually track every single microeconomic occurrence and assign a root cause that "Bob did it". There are many possible factors leading to recession but no singular root cause because it's macroeconomic, some include:
- OXPC: Over-expansion of productive capacity
- Contraction of credit
- Contraction of demand
- Knock-on effects of layoffs harming other sectors