Recessions and Trade

Anonymous

Question Description

If we compare the two deepest recessions in history—the Great Depression and the recession of 2009—they both had a huge impact on the economy, but both of them were handled very differently by governments. The policies governing trade after the 2009 recession were more forward-looking with a clearer view of how trade works and what needed to be done to restart the economy.

How do you think the United States, Europe, and emerging markets such as China, India, and Russia handled the recent recession? What were some of the policies enacted to help the global trade and global economy?

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Discussion Rubric: Graduate Your active participation in the discussion forums is essential to your overall success this term. Discussion questions are designed to help you make meaningful connections between the course content and the larger concepts and goals of the course. These discussions offer you the opportunity to express your own thoughts, ask questions for clarification, and gain insight from your classmates’ responses and instructor’s guidance. Requirements for Discussion Board Assignments Students are required to post one initial post and to follow up with at least two response posts for each discussion board assignment. For your initial post (1), you must do the following: • • • Compose a post of one to two paragraphs. • In Module One, complete the initial post by Thursday at 11:59 p.m. Eastern Time. • • In Modules Two through Ten, complete the initial post by Thursday at 11:59 p.m. of your local time zone. • • Take into consideration material such as course content and other discussion boards from the current module and previous modules, when appropriate. • • Reference scholarly or peer-reviewed sources to support your discussion points, as appropriate (using proper citation methods for your discipline). For your response posts (2), you must do the following: • Reply to at least two different classmates outside of your own initial post thread. • In Module One, complete the two response posts by Sunday at 11:59 p.m. Eastern Time. • In Modules Two through Ten, complete the response posts by Sunday at 11:59 p.m. of your local time zone. • Demonstrate more depth and thought than simply stating “I agree” or “You are wrong.” Guidance is provided for you in each discussion prompt. Critical Elements Exemplary Proficient Needs Improvement Not Evident Value Comprehension Develops an initial post with an organized, clear point of view or idea using rich and significant detail (100%) Develops an initial post with a point of view or idea using appropriate detail (90%) Develops an initial post with a point of view or idea but with some gaps in organization and detail (70%) Does not develop an initial post with an organized point of view or idea (0%) 20 T imeliness Submits initial post on time (100%) Submits initial post one day late (70%) Submits initial post two or more days late (0%) 10 Engagement Provides relevant and meaningful response posts with clarifying explanation and detail (100%) Provides relevant response posts with some explanation and detail (90%) Provides somewhat relevant response posts with some explanation and detail (70%) Provides response posts that are generic with little explanation or detail (0%) 20 Critical Thinking Draws insightful conclusions that are thoroughly defended with evidence and examples (100%) Draws informed conclusions that are justified with evidence (90%) Draws logical conclusions (70%) Does not draw logical conclusions (0%) 30 Initial post and responses are easily understood, clear, and Writing concise using proper (Mechanics) citation methods where applicable with no errors in citations (100%) Total Initial post and responses are easily understood using proper citation methods where applicable with few errors in citations (90%) Initial post and responses are understandable using proper citation methods where applicable with a number of errors in citations (70%) 20 Initial post and responses are not understandable and do not use proper citation methods where applicable (0%) 100% ...
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Tutor Answer

Juniper
School: Cornell University

Hello buddy, kindly find your paper attached below. Let me know what you think. Thank you

1

Running Head: THE 2009 RECESSION

THE 2009 RECESSION
Name
Institution

2

THE 2009 RECESSION

The 2009 Recession
The 2009 recession took the world by surprise because no one knew when the global
financial crisis had burst into full bloom. It showed signs of bringing to a halt major world
economy, however, twelve months later the second greatest recession came to an end. Several
policies were put in place by different cou...

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