A Historical Perspective
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Source: Entrepreneur.com
Just because credit markets dry up and unemployment rises, the spirit of innovation doesn't hibernate. Recessions can often be like the economy鈥檚 answer to a ravaging forest fire--a painful but necessary way to clean the slate and create lasting change. Historically, American entrepreneurs have made the most of their opportunities to rise from the ashes. Here鈥檚 a look at how they鈥檝e done it.
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