Difference between revisions of "Consumption Falls"
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(Created page with 'Consumption falls to early 2000 levels. Consumer spending doesn't spur economic growth and a double dip recession becomes a reality. A new normal for economic growth is create…') |
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Revision as of 12:14, 19 August 2010
Consumption falls to early 2000 levels. Consumer spending doesn't spur economic growth and a double dip recession becomes a reality. A new normal for economic growth is created.
Inhibitors: 1. Technology continues to advance 2. Educated population leading to start-up companies 3. Young generation who love to spend money
Enablers: 1. Less access to capital 2. Companies contracting 3. Government bailouts 4. Less access to jobs
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