What were the main reasons behind the recent recession in the US? What impact did it have on the US economy? How did it impact the world economy (if at all)?

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Bunny GreenfelderLv2

7 May 2019

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Chapter 2 Media Quiz: Cuba's Economy

After watching the video on the Cuban economy, and reading The Economist article, The new normal; America and Cuba, discuss the following:

Can Cuba effectively become a free market economy? Will the US benefit from the recent lifting the embargo on Cuba? What are Cuba's comparative advantages relative to the US? What are their comparative disadvantages? What impact did the embargo have on Cuba? What impact did the embargo have on Cuba?

The Economist article, http://bi.galegroup.com/essentials/article/GALE%7CA395606024/01bab2daeacda211f61437a90698af49?u=tlearn_trl

Video http://ng.cengage.com/static/nb/ui/index.html?nbId=467603&nbNodeId=164476608&deploymentId=5555541817116218412853698812&eISBN=9781305641440#!&parentId=164476623

How did the recession impact businesses/managers at the macro and micro levels? Likewise, managers made different decisions as the recession ended and the economy picked up. How does it appear that the managerial decisions were made as the economic environment changed? Use at least 2 different industries. One connection you may think about exploring was the hiring (or not) of recent graduates during and after the recession.