Briefly discuss the great recession


Discussion question:

1. In 2008-2009 an economic crisis occurred. It was known as the "Great Recession". We discussed it in class and viewed a brief video pertaining to the home mortgage market.

Briefly discuss the Great Recession. Include how it came about and what its' impact is on the economy. ("How Has the Economy Changed?) How does this affect you?

2. In Chapter 2 we discussed "Stakeholders" and "Managing Stakeholder Relationships." I introduced an article entitled "The Era of Nervous

Globalism" Source: (Harvard Business Review HBR 2012/4111e Management
Century.")

Briefly discuss the history of the relationship among stakeholders and shareholders beginning in the late 1960's / early 1970's and continuing through today. Upon completion of your summary advance an argument in favor of shareholder capitalism or stakeholder capitalism.

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