I never understood why lipstick sales go up during a recession. Are more women trying to get a sugar daddy during recessions therefore lipstick sales go up or what?
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I’m a high school student, and with rumours of a devastating recession somewhere in the future, I would like to ensure some safety career wise when I approach that stage in my life.
Assuming there is a recession looming, what career would be best to have during it that would provide financial stability as well as a reduced lay-off risk? Any advice is appreciated.
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Are you hoping the tax hikes will start so you might invest at super low stock and real estate prices? Even though the redistribution of wealth from my fellow richer Americans might help me, I do wonder how long this recession may last because I’d like my accounts to grow sooner. I’m looking for opportunity and I hope some attractive buys may come about.
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How did the New York Stock Exchange,
abundant natural resources,
the telephone,
light bulb,
oil companies,
railroads,
steel,
low paid workers,
skyscrapers,
transportations like cars and airplanes,
cigarette companies,
foreign trade
affect the economy?
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From a marketing perspective which companies or groups of companies in the UK will thrive during the recession. I am working under the assumption that these companies will have larger marketing budgets.
Can someone clear up this subject for me or just explain the obvious.
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If a recession occurs because people aren’t spending as much money because they feel like they no longer have as much, where does all of that money get to? Money isn’t created, nor is it destroyed, right?
Also, what factors manage to get an economy back on track after a recession? Even the Great Depression made a recovery.
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According to an answer one reazon why jobs are disapearing in Britain is because profitable companies like Cadbury are closing down their factory in the UK and moving it to Poland. Cadbury say Poles are less lazy than Brits but also they dont have to pay the minimum wage to Polish workers in Poland. If Brown scrapped the minimum wage would there be more jobs in Britain during recession.
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I would appreciate any information that people have on businesses that survive or boom during a recession. I’m looking for ideas and also if anyone can point me in the direction of any websites or research material to assist me with looking into this further.
Any references or examples people may have of businesses that did well during the recession of the late 80’s / early 90’s in Australia would be...
