How a Recession Works

by Jeanne Nagle

This book succeeds in making complicated, abstract economic theories, practices, and processes not only accessible and comprehensible, but also highly relevant to young readers' lives. It also comes at a crucial moment in American history, as the nation enters a period of likely severe and prolonged recession. Your readers will learn exactly what recession is, how to cope with it, and how it can be controlled or moderated. This excellent information will give your young reader tools to understand what is happening to family finances. It will also reduce the anxiety felt about the nation's economic situation because knowledge and understanding are empowering, as are the coping strategies discussed. Includes lots of dramatic examples of historical recessionary periods and grave consequences. Also features interesting sidebars such as "Myths and Facts about Recession" and "Ten Great Questions to Ask a Financial Adviser."

80 pages, Library Binding

First published August 1, 2009