Past economic collapses have had political as well as financial causes. Persistent trade deficits, wars, revolutions, famines, depletion of important resources, and government-induced hyperinflation have been listed as causes.here are few well documented cases of economic collapse. One of the best documented cases of collapse or near collapse is the Great Depression, the causes of which are still being debated. To understand the Great Depression is the Holy Grail of macroeconomics..
On our campus, alternate work schedules consist of flextime and compressed workweeks. Compressed Workweek: Compressed workweeks are alternative work arrangements where a standard workweek is reduced to fewer than five days, and employees make up the full number of hours per-week by working longer hours.
Since the economic crisis, lots of workers have been forced to shorten their work week as their employers cut back. During the height of the recession, Utah tried cramming 40-hour work weeks for its government employees into four 10-hour days, in order to save on operating costs and avoid layoffs.horter weeks are also common in Europe. In the Netherlands, four-day work weeks are practically the rule, not the exception. And France tried a 35-hour work week for a few years, too.