By Kevin Stocklin A few years ago, U.S. auto executives were hailing their conversion to electric cars and market analysts were predicting exponential growth in electric vehicle sales amid the inevitable extinction of the gas-powered engine. Executives from General Motors (GM), Ford, Volkswagen, Mercedes, and Volvo pledged that their fleets would be 100 percent electric […]
Tag: Economic Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending.
