So if your new card has a new number, it can still be linked to your existing account number, which doesnât change. For example, American Express issues separate credit card numbers for each authorized user within an account, but there is just one account number for the primary account holder.
Essay on Causes of Recession. A recession occurs when there is a fall in economic growth for two consecutive quarters. However if growth is very low there will be increased spare capacity and increased unemployment; people will feel there is a recession. This is sometimes known as a growth recession. see also: Definition of Recessions.
Balance sheet recession. High levels of indebtedness or the bursting of a real estate or financial asset price bubble can cause what is called a balance sheet recession.. This is when large numbers of consumers or corporations pay down debt (i.e., save) rather than spend or invest, which slows the economy.