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Topic: Business
Number of pages / Number of words: 4 / 1002
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Several important factors that caused the economic downturn included high oil prices, which led to both high food prices (due to a dependence of food production on oil production) and global inflation the prices of many commodities, notably oil and food, rose so high as to cause genuine economic damage, threatening stagflation and a reversal of globalization...


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The unemployment rate was extremely high, the highest in five years.

In January 2008, oil prices surpassed one hundred dollars a barrel for the first time, the first of many price milestones to be passed in the course of the year. By July the prices of oil reached as high as $147 a barrel although prices fell soon after...


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General points of the essay

Causes of recent food prices and what steps governments have been taken for stabilization of prices and are these steps fruitful? (Pakistani Issue) High Pump Prices: Oil Demand and Supply Factors Low Prices, High Cost Rising Food Prices The Economic Impact of Rising Oil Prices The Reason For High Gas Prices What Factors Led to the Slowdown of the US Economy in 2001? Have matters improved in 2004? Evaluate the Risks of a Downturn in 2005 if Oil Prices Remain Over $40 a Barrel. What Are the Effects on the European and Asian Economies? Food Production 2 Food Production High Gasonline Prices Walmart; The high cost of low prices Cure for High gas prices High Gas Prices What's The Answer for High Gasoline Prices? Why Are Gasoline Prices Going Up So High?

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