Economic Crisis Affects Businesses

In the United States businesses argon having difficulty staying afloat during these tough economic times. If the preservation stays in this slump indeed my future will be affected by it. Businesses ar not making money and the economy is moving in slow motion. No one is spending so no one is making money, the economy is at a tight fitting stand still. The modern economy is hurting businesses in a way that reaches the core of their corporations. They ar having to lay off employees because they toilet not afford to pay the workers. The businesses then suffer because their employees are also workers and are now unable to purchase their products. picayune businesses are having an especially difficult time, their financial pockets are not as deep as larger companies which has left them with no back up when this crisis hit. Larger corporations are able to stretch out work over seas for a cheaper amount then employing Americans. In the short term it benefits the company bu t in the wide of the mark run it hurts the economy which in turn hurts all businesses.

I am lucky enough to still be a high school student living with my parents, this leaves me with very nearly financial responsibilities. I am aware that this economy may not change by the time I vie out of school and I want to be as prepare for it as possible. Education takes a very classic role in my present and my future. If I want to result in the business world I need to subscribe a sold college education to be capable to pedal in the hay with anything the economy throws at me. Overall the current economic s tand for businesses is not favorable. This i! s why education is such an important graduation in life. If the next generations are educated they will be ready to step up and serve up change the economy for the better.If you want to get a wide essay, order it on our website: OrderCustomPaper.com

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