“The Great Recession.”

  Our economy is still recovering from an event known as “The Great Recession.” What was this, when did it begin, what were the causes of this event, and has our economy fully recovered? The answers to these questions will be the focus of the projects. For the first project each individual (or team) will research the background of the current economic situation, beginning before 2007. Each person/team will gather their research, prepare, and submit a short paper explaining what cause or causes are responsible for “The Great Recession.” The length of this report is not as important as the quality of the contents (research). Include as much of the research documentation as possible. This includes any graphs, tables, and/or charts that are necessary to properly portray the information. The paper should be at least 1 to 2 pages in length and should have a minimum of 5 different sources. This report sets the foundation for the remaining four projects so it is imperative that you gather as much information as possible. There are, to be sure, many different causes of the recession and you should list and explain as many of those as possible. Since there are so many causes of the recession it is important that every student read each others’ projects. The information will be useful in later projects. Compare and comment on the findings of your peers in the forum. Project 2: Submit your project 2 in here as an attachment and use this forum to discuss each others' project, ask any questions, or make any comments. The project should be based on the following information: In project one we studied the many different factors that were involved in the creation of the “Great Recession.” So just how serious is this downturn in the economy? What is the exact depth of the impact of this situation on society? These questions we will attempt to answer in the next two projects. For the second project each person/team will choose a current economic event. The event may be domestic or foreign. All of the events need to be different, so they must be approved by the Instructor. Utilizing research and economic indicators as necessary, explain in detail what the event is, how and when it began, and how that event is impacting your life on a personal level. Each individual/team will gather their research, prepare, and submit a short paper explaining the results. The length of this report is not as important as the quality of the contents (research). Include as much of the research documentation as possible. The paper should be at least 1 to 2 pages in length and should have a minimum of 5 different sources. This project begins to highlight how every economic event, no matter what it is or where it is occurring can impact every person in society. Project 3: For this individual and/or team project each team member or individual will choose a current economic event and, as in project 2, identify how that event has an impact on society. You may use the same event as in project 2. In project two the purpose was to describe how that event impacted each individual directly. In project 3, however, the purpose is to describe how that event impacts: first, a specific Fortune 500 company (choose one), and then, indirectly, how that process trickles down to impact you personally. This will begin to exhibit how serious a recession like this is to society as a whole and how some events, although not seeming to affect us personally, actually and realistically do—and in many different ways. Each individual/team will gather their research, prepare, and submit a short paper explaining the results. The length of this report is not as important as the quality of the contents (research). Include as much of the research documentation as possible.