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Chief Culprits in the Economic Collapse of 2008
The housing and mortgage markets soared for a long time before the end came in 2008 – 2009. During this time, many people made a lot of money at every spectrum of these transactions. How ever the day of reckoning came. House prices plunged and Wall Street followed.
Economic Mistakes and State Regulations; Case Study CommentThere are federal rules and regulations in the franchising industry, but there are also some states that have franchise regulations on top of that. Many of these state regulatory bodies very much hurt franchising companies, and prevent them from coming into their state, slowing down their progress, or providing barriers to entry. This does a number of things that actually ends up hurting the economy in those states, but let me explain.