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The early 2000s recession was a decline in economic activity which mainly occurred in developed countries. ... This recession was predicted by economists, because the boom of the 1990s (accompanied by both low inflation and low unemployment) slowed in some parts of East Asia during the 1997 Asian financial crisis
Answer:
The early 2000s recession was a decline in economic activity which mainly occurred in developed countries. ... This recession was predicted by economists, because the boom of the 1990s (accompanied by both low inflation and low unemployment) slowed in some parts of East Asia during the 1997 Asian financial crisis.
Explanation: