Disadvantages. An employment contract is not a one-way street. The contract binds both you and the employee, so it limits your flexibility. This may pose a problem if you later decide that you don't like the contract terms or the needs of your business change.
About the Great Depression. The Great Depression was an economic slump in North America, Europe, and other industrialized areas of the world that began in 1929 and lasted until about 1939. It was the longest and most severe depression ever experienced by the industrialized Western world.
April 25, 2011 Tom DeGrace. The Great Depression in the United States began in 1929 and ended in 1941. It was the worst economic crisis in the history of the U.S. The whole world was negatively impacted by the Great Depression. Below you will see the great depression facts, causes and the great depression timeline.