A recession happens when "the total amount of goods and services produced by a country - known as gross domestic product (GDP) - would have to contract on a quarter by quarter basis for a total period of six months".
Monday, November 23, 2009
This is a sad fact for a lot of the students in our class and many seniors in the High school. Please tell us about your situation and comment on the cartoon.
Has the recession affected where you want to go to college?
Let me Explain..
This Blog was set up to showcase a project for our Ap Econ class. We are a group of high school students in Middletown, Oh. Hence the name "A Town Caught in the Middle". Our project objective is to give people and idea of how the recession has affected students and residents of Middletown. In the upcoming weeks we will be blogging about our progress on the project and for our last blog we will be showing you all our 15 min documentary. We hope you enjoy getting to follow our success and seeing our interpretation of the recession.