Past economic collapses have had political as well as financial causes. Persistent trade deficits, wars, revolutions, famines, depletion of important resources, and government-induced hyperinflation have been listed as causes.here are few well documented cases of economic collapse. One of the best documented cases of collapse or near collapse is the Great Depression, the causes of which are still being debated. To understand the Great Depression is the Holy Grail of macroeconomics..
On our campus, alternate work schedules consist of flextime and compressed workweeks. Compressed Workweek: Compressed workweeks are alternative work arrangements where a standard workweek is reduced to fewer than five days, and employees make up the full number of hours per-week by working longer hours.
For full-time employees on compressed work schedules (5-4/9 and 4/10), overtime hours are all hours officially ordered and approved in excess of the compressed work schedule; e.g., an employee on a 4/10 schedule who is ordered to work 1 hour of overtime will work 11 hours on that workday.or an employee whose rate of basic pay does not exceed GS-10, step 1, the hourly overtime rate is 1 1/2 times his or her hourly rate of basic pay, including locality or special salary rate but exclusive of pay of any other kind (e.g., night differential, cost of living allowance).