Extroverts like to be around other people and generally enjoy social situations while introverts are the opposite. Previous studies have shown that people who are extroverted also tend to be more assertive, experience more positive feelings and get more out of rewards in general.
Factors that cause a recession include high interest rates, reduced consumer confidence, and reduced real wages. Effects of a recession include a slump in the stock market, an increase in unemployment, and increases in the national debt. To unlock this lesson you must be a Study.com Member.
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.