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Thursday, 2 December 2010

Unit 2: Recession (amusing Vid)

Read on for a brilliant and amusing video explaining what a recession actually is…


When I introduce the concept of economic growth to you lot, I will use this amusing video from down under to introduce the topic!

Enjoy.


Of course, this is made even more ironic by the fact that Australia was one of the few countries to avoid the recession, largely thanks to China’s massive demand for the country’s abundant raw materials.

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