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Why did European wars expand into global confrontations?
Consumer Confidence
A measure of how optimistic or pessimistic consumers are regarding their expected financial situation and the overall economy.
Environmental Force
Refers to external factors such as social, economic, legal, and technological aspects that impact an organization's operations and can influence its performance and strategy.
Economic Recession
A significant decline in economic activity spread across the economy, lasting more than a few months.
2007-2009
The period marked by a significant global financial crisis, often referred to as the Great Recession, characterized by major declines in economic activity worldwide.
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