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December 1 – The Dow Jones Industrial Average drops 680 points, its fourth worst drop in its history, after the National Bureau of Economic Research declared on the same day that the United States economy officially entered a recession in December 2007.
The economy of Rwanda has undergone rapid industrialisation due to a successful governmental policy. It has a mixed economy. [13] Since the early-2000s, Rwanda has witnessed an economic boom, which improved the living standards of many Rwandans.
The economic history of the world encompasses the development of human economic activity throughout time. It has been estimated that throughout prehistory, the world average GDP per capita was about $158 per annum (adjusted to 2013 dollars), and did not rise much until the Industrial Revolution .
Microsoft Corporation is an American multinational corporation and technology company headquartered in Redmond, Washington. [2] Its best-known software products are the Windows line of operating systems, the Microsoft 365 suite of productivity applications, the Azure cloud computing platform and the Edge web browser.
Since 2020, the International Monetary Fund no longer publish data on the Lebanese economy. Lebanon is the third-highest indebted country in the world in terms of debt-to-GDP ratio . As a consequence, interest payments consumed 48% of domestic government revenues in 2016, thus limiting the government's ability to make needed investments in ...
In Japanese history, the Jōmon period (縄文 時代, Jōmon jidai) is the time between c. 14,000 and 300 BCE, [1] [2] [3] during which Japan was inhabited by a diverse hunter-gatherer and early agriculturalist population united through a common Jōmon culture, which reached a considerable degree of sedentism and cultural complexity. [4]
An absence of infrastructure, United Nations sanctions on its largest market (the Federal Republic of Yugoslavia), [22] and a Greek economic embargo hindered economic growth until 1996. [23] Worker remittances and foreign aid have softened the subsequent volatile recovery period. The country's GDP has increased each year except in 2001, rising ...
On 3 March 1959, Fidel Castro seized control of the Cuban Telephone Company, which was a subsidiary of the International Telephone and Telecommunications Corporation. This was the first of many nationalizations made by the new government; the assets seized totaled US$9 billion.