The document discusses Puerto Rico's economic crisis where banks did not have money to refill debit cards due to a recession. As most economic activity relies on trade, people could not participate and earn wages since they had no money. Supermarkets also faced problems as people could not buy goods. However, the US government requested money from other countries, which provided funds and ended the recession so that people had money again.
Original Description:
Oral Presentation #3: Our Economy Today
Team members: Dayane and Adriana
The document discusses Puerto Rico's economic crisis where banks did not have money to refill debit cards due to a recession. As most economic activity relies on trade, people could not participate and earn wages since they had no money. Supermarkets also faced problems as people could not buy goods. However, the US government requested money from other countries, which provided funds and ended the recession so that people had money again.
The document discusses Puerto Rico's economic crisis where banks did not have money to refill debit cards due to a recession. As most economic activity relies on trade, people could not participate and earn wages since they had no money. Supermarkets also faced problems as people could not buy goods. However, the US government requested money from other countries, which provided funds and ended the recession so that people had money again.
Adriana Rosado 1.recession: strong drop in commercial activity 2.accrue: earn a wage 3.debit card: card used for the withdrawal of money from a personal account or to buy. 4. economic line: certain aspects of the economy. 5. earn a wage: to receive in return for one’s labor or service. 6. personal income: amount of money a person earns. Finding Solutions Local Trade Foreign Trade Transportation Public Vs. Private One day in a island named Puerto Rico the economic is in crisis and the the Banks no have money for to rellene the debits cards. And because the people have an ressetion and because the mayority of the activities are economic and the people can not participated. And because the people is an ressetion the supermarkets have a problema if the people can not buy in the supermarkets because they not have money and they have to do earn a wage with the goverment. But one day the goverment of U.S.A call for the another countries for money and the others countries mandated the money. And finally the ressetion end and the people have money another time.