Chapter 2 Part 2
7
Jordan May
description
Transcript of Chapter 2 Part 2
![Page 1: Chapter 2 Part 2](https://reader033.fdocuments.us/reader033/viewer/2022061111/5455458daf79591a248b8ef1/html5/thumbnails/1.jpg)
Jordan May
![Page 2: Chapter 2 Part 2](https://reader033.fdocuments.us/reader033/viewer/2022061111/5455458daf79591a248b8ef1/html5/thumbnails/2.jpg)
• The world economy is in a recession• The falling stock market is one indicator• Oil prices dropping is bad for the economy
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• Norway is doing well• third-biggest petroleum exporter • Saving money
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• India• second fastest growing economy in the world
with 7.1 per cent GDP expansion in 2008-09• Oil
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• Japan's • GDP contracted by an annualized 12.7 percent
in the last quarter of 2008,• the fastest pace in about 35 years
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• Chad• Malaria• Oil pipe construction
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• Germany• World bank• Worlds leading goods exporter