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9/11 Impact on Economy

Title: 9/11 Impact on Economy
Category: History
Details: Words: 785 | Pages: 3.3 (approximately 235 words/page)

9/11 Impact on Economy

The world revolves around money and the economy is the main guideline to distribute and gain money around the world. The United States has a leading role in this economy because it is simply the largest and the most wealthiest country in the world. Canada is the leading export country to our neighbours. The events of September eleventh two thousand and one, have crippled this great nation's economy and therefore has also crippled Canada because …showed first 75 words of 785 total…

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…showed last 75 words of 785 total…rates between scheduled dates. It cut its key overnight rate by one-half percent." The people of Canada are worried about their jobs and are saving their money in case of jobless. The Bank of Canada has lowered the interest rates because they want to increase the confidence and therefore spending of the Canadians. If there isn't enough spending then we are looking at a hard hit recession. This wont be good for anyone in Canada.

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