Asian Economic Crisis
Beginning of paper
For the last few decades, Asia had been the world's economic miracle, achieving remarkable rates of growth and building high-quality manufacturing industries in just about anything and everything. However, since the struggle with collapsing currencies and plunging stock markets beginning in 1995, ....
Middle of paper
.... this wasn’t enough to accommodate the money losses. Cutbacks, thus needed to made; extra expenditures and areas of obscurity had to go.
With this in mind, many businesses (mostly private) began cutting back in the employment line. Many workers were fired, or “let go,” as they put it, because the company couldn’t afford the extra disbursements. This may have been beneficial for the companies, but not its employees and their families.
With my father, a Fire Specialist ....
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Word count: 430
Page count: 2 (approximately 250 words per page)
