rd, companies are able to refrain from having to lay off workers while the downturn continues.
Positive Effects of Recession on American Business
Although the recession has had considerable negative impact on companies by reducing demand for exported items, other American companies are finding that they are able to benefit from the recession. Some companies are taking advantage of lower priced goods which are now available from Asia and Latin America; this lowers the cost of production and increases profits. Other companies are finding that Asian and European companies are looking for American partners in joint vent
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