Examlex
A main purpose of the text of a proposal is to ___________________
2008
A significant year marked by the global financial crisis, which had profound impacts on economies worldwide.
Short Recession
A brief period of economic decline during which trade and industrial activity are reduced, generally identified by a decline in GDP in successive quarters.
Real Estate Bubble
A real estate bubble is a situation in which property prices rapidly inflate beyond fundamental valuations, typically followed by a sharp decline.
Stock Market Crash
A rapid and often unanticipated decline in stock prices across a significant cross-section of a stock market, leading to a loss of paper wealth.
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