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Its not a recession!!!

Its a……
Word that comes to your mind when
you hear the word
• The US economy • Anxiety about jobs and
pay packages

• Tension • Slowdown and negative


growth rate
• Contraction of • Fuss created over a
economy size business cycle
movement.

But….. There lies a BOOM ahead


They heard about it from……
• Newspapers, News • School and College
channels, books. lectures.

• TV and Internet • Peers, Friends,


Families etc
Do they know people who have
been laid off?

• They don’t really know anyone personally


• But know about them from various
sources.
How do they feel?
• They feel that only the middle class is being
affected.
• Work has become more demanding.
• And they sympathize with the families of
people who have lost their jobs.
What caused it all???
• Oil crisis
• U.S Mortgage crisis (sub – prime crisis)
• Ill Functioning of the U.S Economy
• Risk taking behaviour
• Terrorism
• Real estate crisis
• Uncontrolled working of the Stock markets
Changes in the life due to..
• Students pursuing • People in the age
their post graduations bracket of 20 – 25 feel
are worried about more work pressure
their placements and and job insecurity
pay packages
• People in the age
bracket of 15 – 20 are
not affected at all
except for the lack of
allowance from their
parents

• Youth has become


more conscious in
terms of spending and
financial planning
How did recession impacted
the..
• Unemployment and • Better financial
salary-cuts, share planning.
market crashing.
• Anxiety about
placements and pay
packages.
• D-motivation

• Hypertension
• Low purchasing power • They have started
reading newspapers
and journals to take
part in discussions.

Youth is roaring more on sentiments than


facts.
All that we read…!!!
Cyber laws in India…
• Majority of people feel that they should be implemented
but they wont work in India as they are not very stringent.

• Some people are not even aware about them.

• And many feel that even if they are implemented people


will find a way to get around them.

• View point - Piracy should be stopped however the


exorbitant pricing by companies are also responsible for
these piracy. If software and other things are priced
reasonable people would not buy pirated stuff

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