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Your topic is: 'The Economic Recession of 2007' Please describe the recent economic downfall: reasons, progression and consequences. What influences the recession had on ordinary people's lives. Can you predict another economic recession? For the test task to be successfully accepted, please follow the instructions: Type of assignment: essay (descriptive essay). The paper must have an introduction, a thesis statement(underlined), body paragraphs, each having it's own idea and conclusion. Please make smooth transitions from one idea to another. - Include a title page, an outline and reference page - Length: 3-4 double-spaced pages (minimum 275 words per page) - Format: 12 pt. Arial, 1-inch margins from each side - Citation style: MLA - Number of sources: minimum 3 - NO plagiarism, false facts, grammar/spelling mistakes The completed task needs to be uploaded in .doc format