Chapter 2 - World Economy

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Dylan DowBlock 3

02-12-09

The current state of the world is in a recession

Some indicators of this recession can be that many of the leading countries are in recession

The unemployment rate in many countries is rising.

Norway is a country that is doing

Very well during these economic times.

Another country in the world that is

Doing well during these times is Qatar

Zimbabwe is doing horrible during these times

It is a war-torn country with a corrupt government

Many people in the country are unemployed and the country is in a large debt

Another country that is not doing well

Is Iceland

Iceland’s government has collapsed The country has a large debt

A country in Europe with the highest GDP would be Luxembourg

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