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Niederjohn, M. Scott; Schug, Mark C.; Wood, William C. – Social Education, 2010
The U.S. economy took a historic nosedive in 2007-2010. It was the worst downturn since the Great Depression of the 1930s. However, evidence is emerging which suggests the country is in the midst of an economic recovery. In February 2010, the U.S. Commerce Department reported that GDP rose at a 5.9 percent annual rate in October through December…
Descriptors: Economic Climate, Financial Problems, Economic Change, Economic Development