What causes a recession?
Recession is a stage in the economy when businesses stop growing and the GDP declines for at least two quarters consecutively.House prices fall and unemployment rises in this period. Recession… Read more »
Category Archives: Business & Finance
What causes house foreclosure?
Among the leading causes of foreclosure are the decline in economy and the high unemployment rate.Foreclosure is caused due to default in repayment of home loan but this default is… Read more »