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The severe recession that began in December of 2007 was caused by the bursting of the housing bubble and the re- sulting credit crisis.
The Renaissance period was the time of great art masterpieces. They learned to portray life forms ins realistic proportions and clothing by learning the technical side of art like painting. Art is also about math deductions like geometry and light perspective. After the plague in Europe, they were driven to create art as works of God.