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Economic shock |
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Economic shock Events that impact the economy which originate from outside it. They are unexpected and unpredictable (e.g., Hurricane Andrew in 1991, the rise in oil prices by OPEC). How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Apparently, it took five years for custom molders to be able to escape the deflationary impact of the 2000 recession and the economic shock of 9/11. It would take a severe economic shock to drive prices down, which would bring a spike in foreclosure activity. The hope is that the recovery from hard times (and its distance from the economic difficulties colleges and universities are experiencing now) does not lead to a spending binge that once again leaves institutions vulnerable to the inevitable, if unpredictable, economic shock. |
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Economic shock
