Great Depression and Highest and best use: Difference between pages

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imported>Doug Williamson
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imported>Doug Williamson
(Create the page. Source: IFRS 13, page A629)
 
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The Great Depression was a worldwide decline in economic activity, from 1929 for about ten years.
The use of a non-financial asset by market participants that would maximise the value of the asset or the group of assets and liabilities (e.g. a business) within which the asset would be used.
 
Its start was signalled - or triggered - by the Wall Street Crash of 29 October 1929.




==See also==
==See also==
*[[Black Monday]]
*[[IFRS 13]]
*[[Crash]]
*[[Fair value]]
*[[Glass-Steagall Act]]
*[[Great Recession]]
*[[Recession]]
*[[Wall Street Crash]]
 
[[Category:The_business_context]]
[[Category:Financial_products_and_markets]]

Revision as of 16:14, 26 July 2015

The use of a non-financial asset by market participants that would maximise the value of the asset or the group of assets and liabilities (e.g. a business) within which the asset would be used.


See also