Financial or Multi-Dimensional Crisis?
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entity that is USA and become a powerful globally available and appropriated cultural idea.
Even so, all these could not really arrest the coming of the present crisis. The sub-prime mortgage crisis in the US has taken the world towards a disaster that it is waking up to.
Real productive enterprises provide goods and service that do something better than what existed previously: creating jobs and increasing productivity and overall efficiency. Economic growth and progress in the real world take place because of ‘product entrepreneurs’ and the labouring community who make profit or earn wages, invest these earnings in creating new products or enterprises, or in consuming the produce of the real economy. According to one UN Report, since 1980, ‘economic decline or stagnation has affected 100 countries, reducing the incomes of 1.6 billion people. For 70 of
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