Free Blog resources on IT | Marketing and Business Services

Save My System On FB: Online Marketing Services | Tech News and Stories

Our Digital marketing service Packages | IT Services

Save My Job on FB : Business stories and News

Our Job Search Service

We currently have Up to 25% discount on our online marketing Services : that include: seo, local business listing optimization, social media, ppc and webdesign services    

Archive for the "Job Search Engine" Category

Sort by:

Is this a Recession or a Depression?

Twitter It!

Job Search Engine

There is a great deal of confusion over the economic terms ‘recession’ and ‘depression’.  Prior to the Great Depression in the early 1930’s, ALL downturns in a given country’s economy were called a “depression”.

In the U.S.A. during the Great Depression, the term “recession” was first used.  It was used so that people could more easily understand the difference between a smaller downturn in economic activity and more a more severe one.  For example, in both 1910 and 1913, the U.S. economy declined from the previous year, but, in HINDSIGHT, they were referred to as merely recessions, because of the much deeper problem of the 1930’s.

A recession, as defined by the Business Cycle Dating Committee at the National Bureau of Economic Research, is the decline of business activity in the economy including employment, industrial production, real income, retail and wholesale sales. Some economists won’t use the term “recession” until the decline has lasted for six months (two quarters).

The U.S.A. for example, saw its worst recession between 1974 and 1975, when the “business activity” declined by about 4.9%.

So what do economists currently label as a depression?  Technically, it is when a country’s Gross Domestic Product (GDP) is 10% lower than the previous year’s GDP, OR if the GDP drops (even if it’s less than 10%) each year for three consecutive years.

Unfortunately this raises more questions than it answers.  What exactly IS Gross Domestic Product?

The GDP is defined as “measure of a country's economic performance and is the market value of all final goods and services made within the borders of a country in a year”.  That would include ALL transactions within the country AND between that country and others.  This would include every exchange involving money.  The GDP is often confused with the GNP, or Gross National Product, and while they are often very similar figures, they are not the same.

The GNP is the Gross National Product, which refers to the PEOPLE, who not all may be in the same physical location.  E.g. GNP of all United States citizens will be somewhat different to the GDP of the Nation called the U.S.A.  Put more simply, GNP refers to people, and GDP refers to a country.

The theory goes like this; if a country has lots of trades within its own borders AND with other nations, then it must be doing well financially.  It is often used as an indicator of a country’s standard of living, though this isn’t always the case.

Why?  Because of several factors; for example, the value of the country’s currency compared to others can help determine the standard of living enjoyed in a given country. The type of government in power (dictatorship etc.) will have a strong influence, and most importantly, products produced IN EXCESS of what it needs to survive must be considered.

REAL wealth, whether it is individual wealth or national wealth, should only ever be measured in terms of what is available IN EXCESS of what is required to survive.  When and individual can afford buy a new car every year whether he needs it or not is a sign of having something in excess of what he needs.  Please note that I said “can AFFORD”.  If a person has to take a loan out to pay for the new car,  or a mortgage for the new house, then he cannot really afford it.

One very important thing to remember is that severe economic downturns in a country (or indeed, worldwide) are ONLY called Depressions YEARS AFTER they happened.  Because a country’s GDP has to drop by at least 10% over the previous year, or the decline lasts for three years or more, by definition it can ONLY be called a depression a minimum of one year after the fact, OR three years after (if the decline was less than 10%) .

As I write this, the world is in a steep economic decline.  In other words, there are far fewer trades going on both within any given country and between countries.  While this cannot be technically referred to as a depression, there is no doubt at all that it WILL be called a depression in the years ahead.

In conclusion, the words used to describe a situation (economic or otherwise) are just words.  What really matters is how people DEAL with that situation.  They need to learn from historical events so that they can both deal with the current situation, and make sure that they teach the next generation how to prevent it from happening again. History does NOT have to “repeat itself”.

YOU can protect yourself from this to a large degree, but you have to understand two things; what to expect and how to prepare.

Notice I didn't say "how to REACT".  Reaction means that it's already TOO LATE; you would be reacting to something that has already happened.  Instead, you need to prepare yourself.  How?  Learn new skills.  Learn how to make your living INDEPENDENTLY of an employer.  Perhaps you can become a blogger making your income from home and offer products that people living in a depression will want and need. Maybe you can to sell other products as an affiliate on the internet.

Don't look to the politicians to save you.  They are the ones that got us into this mess and they have no idea how to get us out.  You'll have to protect YOURSELF!

Learn how YOU can make money online at:
And, get a FREE copy of the book ‘Fire Your Boss’ at
You may publish this article anywhere you choose so long as you include all the information above.

Exchanging Cultural Activities will Produce People understanding in Student

Twitter It!

Job Websites

Students at Kansas State University are looking forward to a deeper understanding of India and experiencing its culture, say two leaders who are working to give students more opportunities to learn about and experience South Asia.

Barry Michie, director of international program support at K-State and Bradley Shaw, co-principal investigator, have said that the fascination for India has gone through a change in recent times.

"For instance, in the 1960s and '70s, most people's idea of India centered on sacred cows, Ravi Shankar, spirituality and bullock carts. But I think we've gone way beyond that point with students' perceptions of South Asia today as a region of growing economic and political importance to the U.S. and their own lives," said Michie.

The university has received a two-year grant from the U.S. Department of Education to enhance K-State offerings in South Asian studies.

The Title VI grant under the Undergraduate International Studies and Foreign Language Program will help K-State develop a proposed interdisciplinary secondary major in South Asian studies and will expand faculty and student opportunities in South Asia across all colleges.

A four-semester sequence of Hindi language classes is included in the project.

Michie said they hope to have the secondary major approved by the university and the Kansas Board of Regents by the end of the 2010-2011 academic years.

The researchers have said that it is more than just India's growing importance in world politics and economics that makes South Asian studies a priority at K-State.

"Students today see it in their own self interest to know more about the world and to add some kind of international dimension to their study, whether it's generalized international study or a more specific region of the world. They see possible professional opportunities for themselves -- whether they choose engineering, a humanities discipline, journalism or any another field -- and they want to have a competitive edge," said Shaw.

The planned secondary major would not only add Hindi language classes, but it is also designed to create 14 new or revised courses with a focus on South Asia and adds experiential programs in India like study abroad programs, joint projects, internships and volunteer opportunities for undergraduate students.

K-State faculty across all disciplines will have opportunities to revise their courses, travel in India and create relationships for study or research.

"These faculty opportunities fan out to have the effect of reaching many undergraduate students," said Shaw.

"We hope to tap into a heritage market of students whose parents are from India but who themselves have been born and raised in the United States," said Michie. (ANI)

Visit here to get answer about
Make Money Online Work At Home Data Entry Jobs

SEO Tips

Like This Page

Computer Help And Support
IT Services
SEO / SEM / PPC and Website Design FAQs