Gdp Of The Us, Eu28, Canada, And China - 1348 Words

Student: An Nguyen Dr: Konou ECON 602 McNeese State University I. GDP for the US, EU28, Canada, and China. 1. The USA Figure 1.1: GDP of USA from 1995 to 2014 The United States experienced a crisis in 2008, whereas incentive is the major problem (Kohn, 2009). Incentives make lenders ignore underwrite â€Å"because they did not intend to hold the loan themselves†. Furthermore, from the experience gathered by many years, the GDP increase gradually and show a good economic trend; those investors continually expect the increase in price. They couldn’t prepare and forecast for the market bubbles, so they purchased more. In the end because of market bubble that leads to the inability to repaid loan. Crisis was at peak in the period 2007-2008. GDP dropped tremendously. To resolve the crisis, many policies are created to â€Å"countering the tightening of financial conditions† (Kohn, 2009). They â€Å"lowered the interest rates, made backup sources of liquidity available to private lenders, and revive a variety of financial markets† (Kohn, 2009). These aimed to limit the ability of institutions that would pull back from lending and thus impede the decline in spending (Kohn, 2009). In short, observing the GDP from 2010 to 2015, we see the gradually increase and that marks the successful of applied policies during crisis. 2. EU28 Figure 1.2: GDP of EU28 from 1995 to 2014 The GDP graph of European describes the increase trends, however, there is some fluctuation which is notShow MoreRelatedChipotle Marketing Plan5991 Words   |  24 PagesCEO Steve Ellis opening the restaurant chain, he himself was a chef. Since its creation, Chipotle has become a phenomenon in the restaurant industry and has experienced tremendous growth since it went public in 2006 with over 1,600 restaurants in Canada, United Kingdom, Germany, and France, with the majority located in the United States (Chipotle Mexican Grill, 2015). . The company focus is on using high-quality raw ingredients, (Chipotle Mexican Grill, 2015). Using fresh ingredients is the groundwork