Thursday, October 23, 2008

Financial Crisis

Lecture by Maam Shella Paz

WHY?
Overproduction
production of goods > capability of consumers to consume

Timeline:

  1. 20's -30's Great Depression

  2. 70's Overproduction

  3. 80's Saturation Point

  4. 90's Technological Boom

  5. 2008 Bail-out

No comments: