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The Epic Interactive Encyclopedia 1998
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Epic Interactive Encyclopedia, The - 1998 Edition (1998)(Epic Marketing).iso
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Slump
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INFOTEXT
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1992-09-03
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A slump in the business or trade cycle, is
the period of time when the ECONOMY is in
depression, unemployment is very high, and
national income is well below its full
employment level. In the UK, the economy
experienced a slump in the 1930s (the Great
Depression), in 1980-81, and 1990-92.
Subject by: Amanda Gibbon