Tuesday, March 31, 2009

ECONOMIC RECESSION

World has many problems now days .The greatest problem is economic recession , .Economic recession is the phenomenon of world economic system .This economic system works withe big polar economies.These big polar economies are in the center of world trade , therefore they decide the line of trade in the different regions of the world, they exploit the resources in terms of their own profit.In doing this exercise these big ones do not manage internal conflicts and pressures with in the country.This ignorance and negligence towards their own economy is resulted in the form of economic recession.