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.
The FLSA uses the work week as the standard for computing overtime pay due, and each work week stands alone. Thus, a nonexempt employee's time worked vests at the end of each work week (or work period). Work time may not be averaged from work week to work week.or employees who work shifts of 24 hours or more, the FLSA permits a sleep time exclusion of up to 8 hours, if there is an agreement with the employees about this and adequate sleeping facilities are provided.