What is an economic recession? Detailed answer

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What is an economic recession? Detailed answer

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What is the economic downturn?

What is a depression, or crisis, in the economy? This is a period of time in the history of the state when things go wrong. It affects all sections of the population, from the banker to the laboratory assistant to the storekeeper. Workers are losing their jobs in factories. As a result, the volume of trade decreases. Stores require less goods, earn less money. This damages banks. The entire economy is suffering. This is depression. If the same thing happens, but on a smaller scale, it is an economic recession.

People have to admit that there have been a series of economic ups and downs over the past 150 years. Everything happens in cycles: a rise is followed by a decline, and so on. Things seem to be going well, business is booming, people are happy. But then something happens, something is done wrong, some mistake is made, a recession sets in. After a while, things get better, the cycle begins again.

No one knows exactly what causes an economic recession or depression. There is no single explanation of this phenomenon accepted by all economists. Governments and businesses take steps to get out of depressions or recessions when they come, but there is no sure way out.

Author: Likum A.

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34" IPS monitor LG 34UM95 with a resolution of 3440 x 1440 pixels 17.03.2014

LG has started selling the UM95, UM65 and UB65 series monitors in Europe, announced in mid-December last year. Each line includes only ultra-wide monitors based on IPS matrices with an aspect ratio of 21:9.

The flagship model LG 34UM95 is offered in Europe at a price of 999 euros. This monitor is equipped with a 34-inch LCD panel with 3440 x 1440 dots resolution, 320 cd/m1000 brightness, 1:5 contrast ratio, 34ms pixel response time. LG 95UM14 is endowed with a three-port USB hub, two speakers with a total power of 1.2 W, as well as DisplayPort 2 and Thunderbolt 1.4 video inputs and two HDMI XNUMX.

The UM65 series monitors are cheaper. Their cost is as follows: LG 25UM65 (diagonal - 25 inches) - 279 euros, 29UM65 (29 inches) - 449 euros, 34UM65 (34 inches) - 609 euros. The characteristics of their matrices are as follows: resolution - 2560 x 1080 pixels, brightness - 300 cd / sq.m (in LG 25UM65 - 250cd / sq.m), contrast - 1000:1, response time - 5 ms. Each of the three models is equipped with two speakers, two HDMI ports and one DVI.

Simultaneously with the models of the UM65 series, the 29UB65 model went on sale, which differs from the 29UM65 only in the presence of a transformable stand with the ability to rotate the display at an angle of 90 ° (pivot). Price LG 29UB65 - 489 euros.

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